CBRE Provides Comprehensive Support for the Sale and Purchase of Beneficial Interests in the “Shinsaibashi Prosper Building” Located on Shinsaibashi-suji Arcade

TOKYO, October 31, 2025 - CBRE K.K. (Headquartered in Chiyoda-ku, Tokyo; President & COO: Takashi Tsuji) announced that it has provided comprehensive support for the transaction of beneficial interests in trust assets (hereinafter “the Transaction”) for the prime retail property “Shinsaibashi Prosper Building” (hereinafter “the Property”), located along the Shinsaibashi-suji Arcade. The Transaction involved the sale by Longevity SPC (hereinafter “the Seller”) and the acquisition by Shinsaibashi-suji Project GK, a special purpose company formed by Tokyo Trust Capital Inc. (Head Office: Minato-ku, Tokyo; CEO: Christopher Handte; hereinafter “Tokyo Trust Capital”). The Transaction was completed on September 26, 2025.

The Seller originally acquired the land with existing structures in 2016, with CBRE’s support, as part of a development project. After demolishing the existing building, the Seller developed the Property as a new retail building and successfully attracted tenants. For the execution of this Transaction, the Seller once again engaged CBRE, recognizing its ability to leverage an extensive network to approach a diverse pool of potential buyers and to formulate an appropriate pricing strategy based on in-depth market and local analysis.

During the marketing process, CBRE identified Tokyo Trust Capital as a prospective buyer and supported its acquisition review. Specifically, CBRE’s Osaka Retail Leasing and Consulting teams worked together to provide Tokyo Trust Capital with detailed analysis of the Shinsaibashi-suji retail market and future trends, highlighting the Property’s competitive advantages. This professional advice enabled Tokyo Trust Capital to make an informed decision to proceed with the purchase. Drawing on its deep expertise and experience, CBRE ensured the smooth completion of the Transaction.

This Transaction represents one of the largest retail building deals on Shinsaibashi-suji not only in 2025 but also since the COVID-19 pandemic. It is regarded as a landmark deal symbolizing the recovery of the local market, driven by inbound tourism and the Osaka-Kansai Expo.

CBRE remains committed to creating attractive and strategic real estate investment opportunities that contribute to regional development and market revitalization. 

For inquiries on this transaction, please contact:
Yasuhide Yamada 
Deputy Head & Executive Director, Investment Properties, Capital Markets, CBRE K.K.
[email protected] 
Phone: +81-80-8019-8985

Yasunari Muto
Director, Investment Properties, Capital Markets, CBRE K.K.
[email protected]
Phone: +81-80-1180-1242

Nils Herchenroeder
Senior Consultant, Investment Properties, Capital Markets, CBRE K.K
[email protected]
Phone: +81-80-7091-3691

CBRE Capital Markets
CBRE Capital Markets provides the advantage of local expertise powered by global solutions. Through a platform of holistic advisory services, we deliver professional real estate investment services, debt and structured finance, investment banking financing solutions, and comprehensive services for the hotel sector. We help clients unlock value and generate superior returns across their real estate portfolios.

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