TOKYO--(BUSINESS WIRE)--Jun 9, 2025--
WEAVE LIVING, Asia-Pacific’s pre-eminent living sector specialist, and KKR, a leading global investment firm, today announced the signing of definitive agreements to acquire six properties in prime Tokyo locations. The move builds on the continued momentum of the Weave Living Japan Residential Venture I (“WLJRV I”) strategic partnership between WEAVE LIVING and KKR. With the latest acquisitions, the strategic partnership has grown its portfolio to 17 properties within the first six months of its establishment.
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Three of these new acquisitions are located in Tokyo’s upscale Minato ward neighbourhoods of Roppongi, Minami Azabu and Shirokane. WEAVE LIVING will also introduce its premium WEAVE RESIDENCES brand as part of its Roppongi and Minami Azabu offerings, featuring luxurious, metropolitan living in spacious, fully furnished family-friendly homes, complete with modern decor, and thoughtful design finishes. These homes will help meet growing demand by discerning executives seeking an elevated living experience in the supply-constrained Minato area.
The remaining locations will expand the WEAVE PLACE brand, offering beautifully designed private apartments with various furnished options catering to the respective needs of a diverse tenant base including local professionals, expatriates and corporates. Under these plans, more than 240 fully-furnished luxury rental properties are expected to be ready starting from fall 2025.
“As part of our steady growth in the Japan market and across Asia-Pacific, we are thrilled to expand our collaboration with KKR and our Japan-based offering to six new locations that are extremely desirable even by Tokyo standards,” said Sachin Doshi, Founder and Group CEO of WEAVE LIVING. “Also factoring in the planned Japan debut of our WEAVE RESIDENCES brand, this is a further demonstration of our commitment to offering an ever-wider selection of living options to renters at various life stages, with an emphasis on the distinctive attractiveness of each of the fantastic locations that make up our expanded portfolio in Tokyo.”
Kensuke Kudo, Managing Director, Real Estate, KKR, said, “We are proud of the strong momentum that our strategic partnership with WEAVE LIVING has achieved in a short span of time. This expansion underscores our conviction in the long-term fundamentals of Japan’s residential sector and ability to deliver high-quality, differentiated offerings to meet the evolving residential needs of corporates and executives in Japan. We look forward to continued collaboration with Sachin to scale this promising platform.”
KKR is making its investment from its Asia real estate strategy. The transaction adds to KKR’s continued activity and momentum in Japan’s real estate sector across different real estate investment strategies, including KJR Management, a leading Japanese real estate manager that oversees two J-REITs; hospitality and office assets across Japan; and a portfolio of multifamily properties in Tokyo.
A full overview of WEAVE LIVING’s existing Tokyo locations can be found on the recently revamped WEAVE LIVING website, along with details on a unique rental offering that includes flexible lease periods; transparent payment plans inclusive of all Wi-Fi and utilities; a fully digital-first leasing experience; tenant support via the proprietary WEAVE LIVING mobile app; and a welcome respite from prohibitive up-front charges typical in the Japanese multi-family rental market.
Leasing enquiries
Tel: (+81) 03-6262-5628
Email: live.jp@weave-living.com
Existing locations: Weave Place – Shinkamata, Weave Place – Kanda East, Weave Place – Asakusa South, Weave Place – Asakusa Kaminarimon, Weave Place – Ueno South, Weave Place – Waseda Park, Weave Place – Higashi-Koenji, Weave Place – Monzennakacho, Weave Place – Morishita, Weave Place – Ryogoku, Weave Place – Kunitachi
For full details of property lineup and available units, and to request viewings, please visit https://www.weave-living.com/en/jp/
About WEAVE LIVING
Weave Living is a leading provider of urban rental accommodation in key gateway cities throughout Asia Pacific. Since its founding in 2017 by Sachin Doshi, Weave has reimagined renting a home in big cities so more people can live their best life, wherever they are on their adventure. Weave currently offers four unique living options that cater to a diverse range of modern lifestyles: luxurious Weave Residences; fully serviced Weave Suites; self-contained Weave Place; and social co-living Weave Studios. Each class-leading home combines modern aesthetics, superior finishes, and a fully tech-enabled experience together with superior comfort and flexibility in the best urban locations. At present, Weave owns and manages residential properties in Hong Kong, Singapore, Japan, and South Korea, with more on the way.
Weave Living
Website: https://www.weave-living.com/en/jp
Instagram: @liveatweave
Facebook: @liveatweave
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.
WEAVE LIVING and KKR Build on Strategic Partnership with Acquisition of Portfolio of Residential Properties in Prime Central Tokyo
DUBAI, United Arab Emirates--(BUSINESS WIRE)--Nov 17, 2025--
Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced the next three vertiports to be added to Dubai's electric air taxi network, alongside Dubai’s Road and Transport Authority (RTA) and Skyports Infrastructure, who will be responsible for building the vertiports. The sites, at the American University of Dubai, Atlantis the Royal and the Dubai Mall, will enable Joby to deliver high-speed, emissions-free connections between some of Dubai’s most high-profile destinations, as part of its six-year exclusive agreement with the RTA to establish air taxi services in the Emirate.
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The news comes as Joby successfully completed a landmark flight test, becoming the first electric air taxi company to conduct a point-to-point flight in the UAE. On Sunday 9 November, Joby landed its aircraft at Al Maktoum International Airport (DWC) following a 17-minute piloted flight from its test facility in Margham, underscoring Joby’s commercial market readiness and ability to operate in shared airspace. Tens of thousands of attendees will have the opportunity to see Joby’s aircraft in action at this week’s Dubai Airshow, with demonstration flights planned for each day of the show.
His Excellency Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of Dubai’s Roads and Transport Authority (RTA), stated that “the successful completion of the first crewed flight of the electric aerial taxi marks a new milestone in Dubai’s distinguished record of leadership and innovation. The successful completion by Joby Aviation of the first air taxi flight between two distinct locations underscores the success of RTA’s operational framework for developing Dubai’s aerial mobility ecosystem. This milestone paves the way for a new phase of integration among smart mobility systems across the emirate, further strengthening the confidence of global partners in Dubai’s regulatory and technological environment and establishing it as a leading global platform for future mobility trials.
“RTA is steadily progressing towards the commercial launch of the aerial taxi service in 2026, solidifying Dubai’s position as the city of the future and a global hub for innovative and sustainable urban mobility solutions, combining efficient infrastructure with high quality of life," His Excellency confirmed.
JoeBen Bevirt, founder and CEO of Joby Aviation,said: “From flight demonstrations to infrastructure, we're making incredible progress on all fronts as we look ahead to launching commercial passenger service in Dubai next year. By working alongside the RTA, other government agencies and infrastructure partners, we’ve been able to streamline development of the world’s first air taxi service and are closer than ever to making urban air transport an everyday reality for residents and visitors across the UAE.”
Today’s vertiport announcement brings together three major Dubai property developers - Emaar Properties, Atlantis The Royal, and Wasl Asset Management Group - to deliver a network of valuable and high-traffic sites across the emirate:
Alongside the vertiport at Dubai International Airport, which is set to be completed in the first quarter of 2026, these sites will make up the initial vertiport network for Joby’s air taxi service in Dubai, which is set to launch in 2026.
About Joby
Joby Aviation, Inc. (NYSE:JOBY) is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi. Joby intends to both operate its fast, quiet, and convenient air taxi service in cities around the world and sell its aircraft to other operators and partners. To learn more, visit www.jobyaviation.com.
Forward Looking Statements
This release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding the development and performance of our aircraft, the growth of our manufacturing capabilities, our regulatory outlook, progress and timing, including our plans to begin carrying passengers in 2026, timing and potential locations of our vertiports, and planned participation in the Dubai airshow; our business plan, objectives, goals and market opportunity; plans for, and potential benefits of, our strategic partnerships; and our current expectations relating to our business, financial condition, results of operations, prospects, capital needs and growth of our operations. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. All forward looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including: our ability to launch our air taxi service and the growth of the urban air mobility market generally; our ability to produce aircraft that meet our performance expectations in the volumes and on the timelines that we project; complexities related to obtaining certification and operating in foreign markets; the competitive environment in which we operate; our future capital needs; our ability to adequately protect and enforce our intellectual property rights; our ability to effectively respond to evolving regulations and standards relating to our aircraft; our reliance on third-party suppliers and service partners; uncertainties related to our estimates of the size of the market for our service and future revenue opportunities; and other important factors discussed in the section titled “Risk Factors” in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2025, our Quarterly Reports on Form 10-Q filed with the SEC on May 8, 2025 and August 7, 2025, and in future filings and other reports we file with or furnish to the SEC. Any such forward-looking statements represent management’s estimates and beliefs as of the date of this release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
Joby’s air taxi en route from its flight test facility in Margham to Al Maktoum International Airport, marking the first electric air taxi company to conduct a point-to-point flight in the UAE. Credit: Joby Aviation
