Dash Living, a living-sector investor and operator based in Hong Kong, has acquired a portfolio of eight multifamily assets in Tokyo with a gross asset value of US$400 million.
The eight assets, comprising 550 keys ( rental units ), are located in the prime residential districts of Kuramae, Ryogoku, and Nezu – now all live and accepting bookings – as well as in Toranomon, Shinjuku, Hatagaya, Nishi Shinjuku Gochome, and Azumabashi, scheduled for completion in stages throughout 2026.

Dash Living's newly acquired property in Kuramae, Tokyo.
The acquisition brings Dash Living's total portfolio to over 2,000 keys across 42 locations in Hong Kong, Singapore, and Japan.
With over US$1.1 billion in assets under management, the company partners with leading institutional investors including BlackRock, Greystar, PGIM, Schroders, and TE Capital, among others.
In 2025, Dash Living was acquired by Rava Partners, the real estate private equity arm of Singapore-based alternative asset manager Hillhouse, further strengthening its growth trajectory and regional expansion strategy.