Minor Hotels has launched its Oaks Hotels, Resorts & Suites brand in Japan with the dual opening of Oaks Vacation Club Kyoto Gojo and Oaks Vacation Club Kyoto Shijo. Located in central Kyoto, the two properties add a combined 47 rooms featuring kitchenette facilities, positioning the Australian-founded brand in its second Asian country alongside nearby historic landmarks and transport networks.
Global investment firm KKR has agreed to sell Japan's Central Tank Terminal Co., Ltd. and Korea's Central Terminal Korea Co., Ltd. to institutional investors. Having acquired CTT in 2021 and CTK in 2023, KKR expanded both bulk storage platforms across Asia. The infrastructure transactions remain subject to customary closing conditions, with financial details unrevealed.
Japanese trading firm Mitsubishi Corporation has agreed to acquire an additional stake in Philippine conglomerate Ayala Corporation for approximately JPY 120 billion. The deal follows a share repurchase by Ayala through a tender offer, raising Mitsubishi’s voting interest to 20 per cent upon completion in FY2026. The expanded strategic alliance will target growth across financial services, telecommunications, retail, real estate and energy sectors in the Philippines.
A joint venture led by global real estate specialist Kennedy Wilson has purchased the Carraway housing development in Westchester County for $237 million. The 421-unit Class A residential site in West Harrison was bought alongside Japanese partners Kenedix and Hulic. Situated 25 miles north of Manhattan, the complex features a mix of flats, structured parking and ground-floor retail units.
Japanese developer Mitsubishi Estate has partnered with Central Pattana to build a 43-billion-yen mixed-use tower in Bangkok. Located in the popular Siam Square area, the 42-storey development will blend flagship luxury retail, modern workspaces, and the Thai debut of 25hours hotels. Construction is underway and phase openings will start in 2027.
Japanese insurer Nippon Life has formed a strategic alliance with Blackstone to manage investments in private credit and real estate. Nippon Life intends to commit roughly 1.5 trillion yen to Blackstone credit strategies over five years and upgrade twelve urban property assets. The deal aims to boost investor returns and expand alternative asset capabilities for Japan's largest private life insurer.
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