Deals
GreenOak Sells Tokyo's Aoyama Building to Gaw Capital
- Gaw agrees to buy 13-story office tower on behalf of clients
- GreenOak tripled equity investment on building bought in 2015
Traffic and buildings are illuminated at night in Tokyo, Japan.
Photographer: Toru Hanai/BloombergThis article is for subscribers only.
Private equity firm GreenOak Real Estate LP has sold Tokyo’s Aoyama Building to affiliates of Gaw Capital, according to people familiar with the matter.
Gaw Capital is paying around $800 million to $850 million for the 13-story office tower, the people said, asking not to be identified because the information is private. It invested through a so-called separately managed account for clients including a Korean pension fund, the people said.