ME News reports that on October 30 (UTC+8), a fund under the Yamaichi Securities Group will acquire the majority of the assets of the Tokyo composite facility "Tokyo Garden Terrace Kioicho" (formerly the site of the Akasaka Prince Hotel) from Blackstone for over $1.9 billion (300 billion yen), and will issue a portion of these assets as digital securities (STs) for sale to individual investors.
The acquisition target consists of office and commercial facilities, excluding residential components. Approximately $570 million (90 billion JPY) in office assets are held in trust by Mitsubishi UFJ Trust and Banking Corporation, and after deducting debt, approximately $190 million (30 billion JPY) will be issued as digital securities, sold to individual investors by Daiwa Securities, marking the largest single issuance of real estate digital securities to date. Blackstone acquired the entire facility, including hotels and residential units, for approximately $2.5 billion (400 billion JPY) in 2025. (Source: Foresight News)
Yoshida Securities to Issue $190 Million in Tokyo Office Digital Securities for Retail Investors
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Yoshida Securities Group will issue $190 million in digital securities to retail investors backed by a Tokyo office complex. Using MetaEra, the firm is acquiring a portion of Tokyo Garden Terrace Kioicho from Blackstone for $1.9 billion. The offering excludes residential units and aligns with evolving digital asset regulations. The debate between securities and commodities remains ongoing as more firms explore tokenized real estate. After loan deductions, $190 million (3 billion yen) remains available for the security token issuance.
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