TOKYO-Oakwood Worldwide, a Los Angeles-based provider of corporate housing, has expanded its presence in Japan with the opening of an extended-stay apartment in the Azabujyuban shopping district of Tokyo.Called Oakwood Residence Azabujyuban, the new extended-stay apartment development includes 83 suites, which the company describes as “typically two or three times the size of a hotel room.”

The Azabujyuban development is the first project of Oakwood Japan K.K., a joint venture formed between Oakwood Asia Pacific and Mitsui Fudosan, the largest real estate developer in Japan. Under previous agreements, Oakwood Asia Pacific has three other properties in Tokyo, in the neighborhoods of Akasaka, Aoyama and Shirokane.

Oakwood Worldwide provides apartments and corporate housing throughout the United States, the United Kingdom, and Asia Pacific. Its Oakwood Asia Pacific division now manages locations in Tokyo, Seoul, Manila, Bangkok and Guangzhou, with future sites under development in Beijing.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


GlobeSt. Multifamily Fall 2023Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.