Lone Star Funds buys 1,166-unit multifamily portfolio in central Tokyo
XLRE•Lone Star acquires central Tokyo multifamily portfolio
Lone Star Global Acquisitions announced the acquisition of a 1,166-unit multi-family residential portfolio in central Tokyo.
The assets sit in Chuo Ward’s Shinkawa and Tsukuda areas, including a 35-story, 505-unit tower.
The portfolio also includes a five-building campus with 661 units, one retail building, and nine retail tenants.
The investment is planned through a targeted capital expenditure program focused on amenity upgrades to support leasing and net operating income.




