Daiwa Securities to Issue $190 Million Tokyo Office Digital Securities for Retail Investors

Daiwa Securities plans to issue about $190 million in digital securities backed by Tokyo office assets for sale to individual investors. According to Foresight News, citing Nikkei, a fund affiliated with Daiwa Securities Group plans to acquire most of the assets at Tokyo Garden Terrace Kioicho from Blackstone for more than $1.9 billion, excluding the residential portion. About $570 million of the office assets will be held in trust by Mitsubishi UFJ Trust and Banking. After borrowing is deducted, approximately $190 million will be issued as digital securities, marking the largest single issuance of real estate digital securities to date, according to the report. Blackstone acquired the entire complex, including its hotel and residential properties, for about $2.5 billion in 2025.