Daiwa fund buying Blackstone Tokyo office complex with retail digital securities

A Daiwa fund is buying a Blackstone-owned Tokyo office complex and will include retail digital securities in the deal, Nikkei Asia reports today. The move would see a Japanese commercial property transaction offer tokenized stakes to everyday investors. It signals growing momentum for digital securities in mainstream real estate finance, potentially widening access to big-ticket assets.

According to Nikkei Asia, the structure will let retail buyers participate via digital securities issued as part of the acquisition, with Blackstone exiting and a Daiwa-managed vehicle taking control. Key deal terms and the asset’s identity were not immediately available, while the parties’ involvement underscores rising interest in tokenizing real assets across Japan’s property market. Watch for details on offering size, the issuance platform, regulatory clearances, and closing timing. [Developing. This article will be updated.]