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Kasumigaseki Capital sells Miami development site in first US deal, price undisclosed

Kasumigaseki Capital sells Miami development site in first US deal, price undisclosed

ReutersReuters2026/08/26 06:41
  • Kasumigaseki Capital agreed to sell a Miami development site held by unit KASUMIGASEKI FLORIDA LLC, its first U.S. project.
  • Asset sits in Miami Worldcenter at 155 NE 10th St; planned hotel-residential mixed-use complex on about 5,700 sq m.
  • Sale price not disclosed; transaction value exceeds 10% of revenue for the fiscal year ended August 2025.
  • Closing expected Aug. 27, 2026, U.S. time; revenue to be recognized at settlement.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kasumigaseki Capital Co. Ltd. published the original content used to generate this news brief on August 26, 2026, and is solely responsible for the information contained therein.

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