PATRIZIA has acquired a high-quality residential portfolio located mostly in Tokyo on behalf of a global institutional investor, reinforcing the firm’s strategic commitment to Japan’s resilient residential sector and strengthening its local investment platform.

The portfolio comprises 14 residential assets, including approximately 800 apartment units and five retail units, predominantly located in Tokyo’s highly sought-after Central 23 Wards, with one asset situated in Greater Tokyo (Yokohama, Kanagawa). With an average building age of slightly more than three years and an occupancy rate above 97 percent, the portfolio offers strong income stability and immediate cashflow.

Japan’s residential sector continues to show long-term resilience, supported by steady wage growth, inflationary pressure and sustained urbanisation. Tokyo’s Central 23 Wards remain attractive due to consistent population inflows and rising rental demand. With current lease levels across th