Esty Maison Kawaguchi, an asset of Sekisui House REIT. (Sekisui House REIT)

Sekisui House REIT, Inc. has announced the acquisition of a residential property in Kawaguchi, Saitama Prefecture, for JPY2,590 million, as the Japanese REIT moves to strengthen its portfolio in the Greater Tokyo area.

The asset, to be renamed Esty Maison Kawaguchi following the transaction, is currently known as Bellagio Kawaguchi Honcho.

The planned acquisition date is 5 March 2026, with the purchase financed through a combination of borrowings and the REIT's own funds.

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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.