japan

Advancing its portfolio rejuvenation strategy, CLAR is expanding its logistics and business space presence in Singapore while marking a strategic entry into the Japanese hyperscale data centre market with three DPU-accretive transactions.

The Rava Partners-backed platform adds 550 keys across eight prime Tokyo districts, boosting its global AUM to over $1.1bn as institutional appetite for Japan’s rental housing sector intensifies.

Brookfield Asset Management has acquired an office skyscraper in Tokyo from a consortium of Japanese investors for an undisclosed price; the global HQ of Dentsu Group is a tenant.

A two-thirds supermajority in the Lower House will allow prime minister Sanae Takaichi to push through her tax cutting agenda.

Nakayama returned to Citi in 2023 after a stint at Goldman Sachs; she will report directly to Taiji Nagasaka and Akira Kiyota.

Starting on November 17 Chihiro Ashizawa has joined from Clifford Chance. Meanwhile Ashurst is looking to merge with US law firm Perkins Coie to create a top-20 global firm with a footprint in Apac and the Middle East.

The large Japanese financial services group consists of banking, life and non-life insurance businesses.

The buyers of the multifamily assets were sovereign wealth funds and follows the closure of a hotel real estate fund in July.

The aim of the stock purchase is to help boost advanced technology and semiconductor innovation in the US; Intel has been under the spotlight of the US administration in recent weeks.