Brookfield Acquisition of Tokyo Office Tower Explained

Brookfield Acquisition of Tokyo Office Tower Explained

New York / Tokyo – February 2026 – Brookfield Asset Management has agreed to acquire a landmark office tower in Shiodome, central Tokyo, further reinforcing its long-term conviction in Japan’s premium office sector.

The 213-metre skyscraper, completed in 2002, serves as the global headquarters of Dentsu Group and is widely regarded as one of Tokyo’s most recognisable commercial buildings. The transaction gives Brookfield 100 per cent ownership of the asset, marking a significant addition to its Asia Pacific real estate portfolio.


A Rare Opportunity in Central Tokyo

Located in the Shiodome district of Tokyo, the tower offers:

  • 1.3 million square feet of net lettable area
  • 48 floors above ground
  • Five basement levels
  • A prime position within one of the world’s strongest office markets

The Brookfield acquisition of the Tokyo office tower represents a rare opportunity to secure full ownership of a large-scale, high-quality asset in a tightly held market characterised by:

  • Limited vacancy
  • Constrained new supply
  • Strong long-term tenant demand

Strategic Bet on Japan’s Office Market

Brookfield, which manages more than US$1 trillion in assets globally, continues to expand its presence in Japan, one of the largest and most liquid real estate markets worldwide.

Ankur Gupta, Head of Asia Pacific & Middle East Real Estate and Deputy Real Estate Chief Investment Officer at Brookfield, said:

“The Dentsu office tower in Tokyo is an iconic asset located in one of the world’s strongest office markets. The investment aligns with our strategy of acquiring high-quality assets in irreplaceable locations and creating value through hands-on operational expertise. We have strong conviction and confidence in Japan where we continue to grow our presence.”

Brookfield views premium office as a cornerstone of its Asia Pacific strategy, supported by a structural “flight to quality” in gateway cities including Tokyo, Seoul, Sydney, and Mumbai.


Resilient Office Fundamentals

Despite broader global shifts in workplace patterns, Japan’s office sector has demonstrated resilience. According to Brookfield, rents and occupancy levels have remained stable, underpinned by:

  • A strong culture of in-office work
  • A diversified corporate tenant base
  • High barriers to new supply in core districts

Gupta added:

“Japan offers both scale and stability. We expect to commit further capital to office across the region and apply our operational focus of managing for value, not just occupancy, while building long-term relationships with our tenants.”


Strengthening Asia Pacific Portfolio

The Brookfield acquisition of the Tokyo office tower reflects a broader strategy of targeting institutional-grade assets in gateway markets with durable demand fundamentals.

With full ownership secured, Brookfield is expected to apply its asset management expertise to enhance operational performance and long-term value creation.


About Brookfield Asset Management

Brookfield Asset Management Ltd. is a global alternative asset manager headquartered in New York, with over $1 trillion in assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. The firm invests on behalf of pension plans, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors worldwide.

New York / Tokyo – February 2026 – Brookfield Asset Management has agreed to acquire a landmark office tower in Shiodome, central Tokyo, further reinforcing its long-term conviction in Japan’s premium office sector.

The 213-metre skyscraper, completed in 2002, serves as the global headquarters of Dentsu Group and is widely regarded as one of Tokyo’s most recognisable commercial buildings. The transaction gives Brookfield 100 per cent ownership of the asset, marking a significant addition to its Asia Pacific real estate portfolio.


A Rare Opportunity in Central Tokyo

Located in the Shiodome district of Tokyo, the tower offers:

  • 1.3 million square feet of net lettable area
  • 48 floors above ground
  • Five basement levels
  • A prime position within one of the world’s strongest office markets

The Brookfield acquisition of the Tokyo office tower represents a rare opportunity to secure full ownership of a large-scale, high-quality asset in a tightly held market characterised by:

  • Limited vacancy
  • Constrained new supply
  • Strong long-term tenant demand

Strategic Bet on Japan’s Office Market

Brookfield, which manages more than US$1 trillion in assets globally, continues to expand its presence in Japan, one of the largest and most liquid real estate markets worldwide.

Ankur Gupta, Head of Asia Pacific & Middle East Real Estate and Deputy Real Estate Chief Investment Officer at Brookfield, said:

“The Dentsu office tower in Tokyo is an iconic asset located in one of the world’s strongest office markets. The investment aligns with our strategy of acquiring high-quality assets in irreplaceable locations and creating value through hands-on operational expertise. We have strong conviction and confidence in Japan where we continue to grow our presence.”

Brookfield views premium office as a cornerstone of its Asia Pacific strategy, supported by a structural “flight to quality” in gateway cities including Tokyo, Seoul, Sydney, and Mumbai.


Resilient Office Fundamentals

Despite broader global shifts in workplace patterns, Japan’s office sector has demonstrated resilience. According to Brookfield, rents and occupancy levels have remained stable, underpinned by:

  • A strong culture of in-office work
  • A diversified corporate tenant base
  • High barriers to new supply in core districts

Gupta added:

“Japan offers both scale and stability. We expect to commit further capital to office across the region and apply our operational focus of managing for value, not just occupancy, while building long-term relationships with our tenants.”


Strengthening Asia Pacific Portfolio

The Brookfield acquisition of the Tokyo office tower reflects a broader strategy of targeting institutional-grade assets in gateway markets with durable demand fundamentals.

With full ownership secured, Brookfield is expected to apply its asset management expertise to enhance operational performance and long-term value creation.


About Brookfield Asset Management

Brookfield Asset Management Ltd. is a global alternative asset manager headquartered in New York, with over $1 trillion in assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. The firm invests on behalf of pension plans, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors worldwide.

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