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Withers advises on City Developments Limited's strategic divestment of Bespoke Hotel Osaka Shinsaibashi

12 December 2025 | Applicable law: Japan

Withers represented City Developments Limited (CDL) on its divestment of Bespoke Hotel Osaka Shinsaibashi for JPY14 billion to Real Estate funds managed by Blackstone. 

The Withers team was led by Tokyo-based real estate partner, Akinari Nakano, assisted by associate, Shintaro Imazu. Withers has also previously advised CDL on the acquisition of other assets in Japan.

“Japan continues to offer compelling opportunities for global investors, particularly in the hospitality space,” said Akinari Nakano. “This deal reflects the confidence in Japan’s long-term fundamentals and the resilience of its tourism market.”

As Japan remains a key destination for international capital flows, Withers is proud to support clients in navigating complex transactions and achieving strategic objectives in this dynamic market.


This document (and any information accessed through links in this document) is provided for information purposes only and does not constitute legal advice. Professional legal advice should be obtained before taking or refraining from any action as a result of the contents of this document.

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