Tokyo (Reuters) – Canadian investment company Brookfield Asset Management (TSX 🙂 says Monday it shows two investments in Japan’s real estate worth $ 1.6 billion.

Investments contains a stake in Tokyo’s Landmark Gajoen Complex, a mixed-use office, retail and luxury hotel, and a 1 million square meter) space outside Nagoya, to make logistics warehouse, Brookfield said to a release.

It is the latest big-estate investment in Japan, because the weaker yen and the availability of cheap financing increases the interests of foreign investors in the sector.

Gajoen, located in Meguro, Tokyo, owned by the Chinese Sovereign Wealth Fund China Investment Corp (CIC), who bought the Property in 2015.

Brookfield did not say the size of this stake in Gajoen.