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Blackstone weighs tokenising Tokyo office stake in $1.9bn sale, Bloomberg reports

NewsFeeds update

Blackstone is negotiating to sell the office portion of Tokyo's Garden Terrace Kioicho complex for about ¥300bn ($1.9bn) and is considering packaging part of the trust beneficiary rights as digital securities for sale to individual investors in smaller lots, Bloomberg reported, citing people familiar with the matter. Blackstone bought the complex for about ¥400bn in 2024.

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