Kasumigaseki Capital formalises UAE base with three business lines

The Tokyo-listed Japanese real estate firm is expanding in Dubai through development, investment, and hospitality arms, with AED 1.1 billion already deployed.

Staff Writer
Mohammad Khalifa Majid Alabbar Alfalasi, Chairman of Kasumigaseki Capital
Mohammad Khalifa Majid Alabbar Alfalasi, Chairman of Kasumigaseki Capital. Image: Supplied

Article summary

AI Generated

Tokyo-listed Kasumigaseki Capital has formalised its UAE presence with three business lines covering development, real estate investment, and hospitality. The Japanese firm reports AED 18.9 billion in total pipeline and assets under management, with AED 1.1 billion already deployed across 60 units in the UAE.

Key points

  • Kasumigaseki Capital formalises Dubai base with three regional business lines
  • AED 1.117909bn deployed across 60 UAE real estate units
  • Company claims 911.9% total shareholder returns since 2018 TSE listing

Subscribe to our free newsletter to continue reading.

Newsletters

Kasumigaseki Capital, a Japanese real estate investment and development company listed on the Prime Market of the Tokyo Stock Exchange, has formalised its UAE presence and announced a three-pronged regional structure operating out of Dubai.

The company, which first established local operations in the UAE in 2022 and set up a formal Dubai office in 2023 at Dubai Hills Business Park 4, says its total project pipeline and assets under management reached AED 18.986825 billion as of February 2026, across 129 projects. Its Dubai team numbers 90 professionals.

Regional growth is being pursued through three dedicated arms. Kasumigaseki Properties Development will lead development activity in the UAE, with a launch described as forthcoming. Kasumigaseki Middle East Real Estate handles investment and related services, with total investment exposure of AED 1.117909 billion across 60 units. A third arm, Kasumigaseki Restaurant, oversees food and beverage operations at Vida Emirates Hills.

In Japan, the group manages 68 hotel projects, 29 logistics developments, and 17 healthcare projects. Since its Tokyo Stock Exchange listing in 2018, the company says it has delivered total shareholder returns of 911.9%.

Leading the regional operation are Chairman Mohammad Khalifa Majid Alabbar Alfalasi, CEO Tatsuya Suzuki, and Manager Kosuke Urasawa.

“The UAE has consistently demonstrated that it is a market built for the long term. Its economic resilience, transparent regulatory environment, and visionary leadership continue to inspire international investor confidence. Kasumigaseki’s decision to deepen its regional presence here is a strong endorsement of the UAE’s long-term potential, and we are proud to support the company’s continued growth in this market,” Mohammad Khalifa Majid Alabbar Alfalasi, Chairman said in a statement.

Advertisement

“The UAE represents the cornerstone of our ambitions across the Middle East. We have spent years building local knowledge and developing a meaningful presence in this market, and today marks an important milestone as we formalize our regional platform. Our vision is to bring the same disciplined investment philosophy, operational excellence, and long-term perspective that have defined our success in Japan while building enduring partnerships across the region,” Tatsuya Suzuki, CEO further explaied.

“Dubai offers a highly attractive environment for long-term investment and sustainable business growth. Our objective is to apply Japanese standards of quality, innovation and operational excellence while building businesses that create lasting value for investors, partners and the communities we serve. Deepening our presence in the UAE is only the beginning of our long-term commitment to the region,” Kosuke Urasawa, Manage added.

The company was founded in 2011 and upgraded to the Prime Market of the Tokyo Stock Exchange in 2023, with a portfolio spanning logistics, hotel, healthcare, fund management, and overseas investment.