Blackstone (BX) announced that Real Estate funds managed by Blackstone have entered into a definitive agreement to acquire Tokyo C-NX, a Grade A logistics asset located in central Tokyo. The deal is valued at over 100 billion yen. The Asset is a 1.6 million square feet, 5-story warehouse in Tokyo Bay, within a 15-minute driving distance from the city center. It serves as a mission-critical distribution hub.
Daisuke Kitta, Head of Real Estate Japan, Blackstone, said: "We are committed to partnering with Japanese businesses and continuing to contribute in meaningful ways to the evolution of Japan's economy."
For comments and feedback contact: editorial@rttnews.com
Business News
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.