Dash Living, Asia Pacific–based provider of rental housing, and BlackRock, through a fund managed by its real estate business, have teamed up to invest in an upscale multifamily asset in Japan.
The firms acquired the 29-unit property in Higashi Komagata, Tokyo, which is located within a five-minute walk to major subway lines (both Ginza Line and Asakusa Line), offering easy access to multiple central business districts in just 20–30 minutes. Situated near popular attractions like the Asakusa Shrine and the Asahi Beer Factory, the property promises a memorable stay for its guests. Japan is on course to achieve the government's goal of topping the pre-pandemic figure of 32 million annual foreign visitors by 2025, with the January-March quarter in 2024 seeing a record 8.56 million, according to the Japan National Tourism Organization.
The acquisition with BlackRock's Real Estate business adds to Dash Living's expanding portfolio to its 15th location, following recent
