Brookfield Asset Management Ltd is set to relocate and expand its Tokyo office, moving to the Roppongi Hills development as it doubles its footprint in Japan, according to a report by Bloomberg citing people familiar with the matter.
The New York-based alternative investment firm will move in April from its current base in Kasumigaseki, an area dominated by government institutions. The relocation is reportedly intended to support Brookfield’s growing Japan team, which has doubled in size in recent years.
Japan has become an increasingly important market for overseas investors as asset prices recover, supported by corporate governance reforms, a weak yen, and low borrowing costs. Global firms have stepped up activity across public markets, private equity, and real assets.
Brookfield established its Japan office around a decade ago and has expanded its presence through a series of investments. In 2024, the firm acquired a historic Tokyo hotel and land for logistics development in deals totalling $1.6bn, and has signalled plans to grow its insurance platform in the country.
