Daiwa Securities Issues Approximately $190 Million in Digital Securities for Tokyo Office Buildings

Daiwa Securities Group's fund will acquire most of the assets of the Tokyo mixed-use facility "Tokyo Garden Terrace Kioicho" from Blackstone for over $1.9 billion (300 billion yen) and will issue some of these assets as digital securities for sale to individual investors. The acquisition target includes office and commercial facilities, excluding residential parts. Approximately $570 million (90 billion yen) of office assets will be entrusted to Mitsubishi UFJ Trust and Banking, and about $190 million (30 billion yen) will be issued as digital securities for individual sale by Daiwa Securities, marking the largest scale for a single real estate digital securities issuance. Blackstone acquired the entire facility, including hotels and residences, for about $2.5 billion (400 billion yen) in 2025.