Etsy Maison Kawasaki Honcho Large, an asset of Sekisui House REIT. (Photo: Sekisui House REIT)

Sekisui House REIT, Inc. has announced the acquisition of a residential property in Kawasaki, Kanagawa Prefecture.

The REIT is acquiring the asset for JPY1,810 million, as it moves to strengthen its foothold in the Greater Tokyo market.

The property, to be rebranded by the REIT as Esty Maison Kawasaki Honcho following the completion of the transaction on 26 March 2026.

It was purchased from Cosmos Initia Co., Ltd. and will be held as a trust beneficiary interest, with Mizuho Trust & Banking Co., Ltd. serving as trustee.

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By Rachel Young

Rachel Young is a staff writer for REITsWeek and is based in Singapore. She focuses on REITs listed in the North American and European markets but occasionally covers REITs in the Asia-Pacific region.