WEAVE LIVING and KKR Build on Strategic Partnership with Acquisition of Portfolio of Residential Properties in Prime Central Tokyo

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

NEW YORK (AP) — A jet landing at New York City’s LaGuardia Airport collided with a fire truck on the runway, killing the pilot and copilot and injuring several others. Here’s what you need to know:

The crash occurred around 11:45 p.m. on Sunday when an Air Canada regional jet arriving from Montreal struck an airport fire truck traveling across the runway to respond to a separate incident aboard another plane involving a concerning odor.

Audio recordings from the airport control tower indicate the truck was initially cleared to cross the runway before a controller tried to pull it back to avoid a collision. The unnamed controller repeatedly told the vehicle to stop and diverted incoming aircraft from landing.

Photos and videos from the crash's aftermath show the jet’s nose crushed and tilted upward, with debris hanging from the mangled cockpit. Stairways used to evacuate passengers were pushed up to the emergency exits and the damaged emergency vehicle lay on its side nearby.

The pilot and copilot were the only confirmed fatalities. Their names have not been released, but both were based in Canada, according to the Port Authority of New York and New Jersey, which operates the airport.

About 40 passengers and crew members were also taken to area hospitals, some with serious injuries, the authority said. Most were released as of Monday morning.

Two Port Authority employees traveling in the fire truck also suffered injuries, but they were not believed to be life-threatening.

The Jazz Aviation flight, which was operating on behalf of Air Canada, had about 70 passengers and four crew members on board as it landed from Montreal-Pierre Elliott Trudeau International Airport.

LaGuardia was shut down following Sunday’s crash and all air traffic was diverted as the National Transportation Safety Board investigated. It reopened Monday afternoon.

The crash and temporary closure adds further misery as U.S. airports struggle under a shutdown over government funding during the busy spring break season.

LaGuardia is a major transit hub — the 19th busiest out of more than 500 airports in the country in 2024, according to the FAA.

The airport opened to commercial traffic in 1939 and is located in the New York City borough of Queens, some 9 miles (14 kilometers) from Manhattan.

It’s too early to say what factors contributed to the deadly mishap, but the crash underscores the challenges air traffic controllers have faced in recent years.

Air traffic controllers are not directly affected by the current shutdown, but they are considered essential workers and have been forced to work their stressful jobs without pay during prior shutdowns.

The partial shutdown has lasted more than a month and has caused long lines and frustration among travelers at airports across the country.

Hundreds of Transportation Security Administration agents have called in sick or quit their jobs rather than be forced to work without pay.

President Donald Trump, in response, deployed immigration enforcement officers to supplement TSA agents on Monday.

Congress remains deadlocked over approving funding for the Department of Homeland Security, which oversees the TSA.

Follow Philip Marcelo at https://x.com/philmarcelo

An Air Canada Jet sits on the runway at LaGuardia Airport, Monday, March 23, 2026, after colliding with a Port Authority aircraft rescue and firefighting vehicle after landing in New York. (AP Photo/Ryan Murphy)

Firefighters and investigators examine the site, Monday, March 23, 2026, where an Air Canada jet came to rest after colliding with a Port Authority firetruck at LaGuardia Airport, after landing Sunday night in New York. (AP Photo/Seth Wenig)

A Port Authority firetruck lays on its side just off the runway at LaGuardia Airport, Monday, March 23, 2026, after colliding with an Air Canada jet shortly after it landed late Sunday night in New York. (AP Photo/Seth Wenig)