The Tokyo Stock Exchange-listed Japanese real estate investment and development company has formalised its Dubai operations through three dedicated business lines spanning development, real estate investment, and hospitality.
July 10, 2026 | Tripti Mehta | UAE | Real Estate
Kasumigaseki Capital, a Japanese real estate investment and development company listed on the Prime Market of the Tokyo Stock Exchange, has formalised its presence in the UAE through three dedicated business lines based in Dubai. As of February 2026, the company's total project pipeline and assets under management stand at AED 18.98 billion, comprising 129 projects and supported by 398 employees in Japan and 90 professionals in Dubai.
The company first commenced operations in the UAE in 2022, establishing its formal Dubai presence in 2023 with head offices in Dubai Hills, Business Park 4. This announcement marks the next stage of that commitment, positioning the UAE as the regional base for its Middle East operations.
Its three UAE business lines are Kasumigaseki Properties Development, the company's development arm which is scheduled to launch soon; Kasumigaseki Middle East Real Estate, focused on real estate investment and related services with total investment exposure of AED 1.117 billion across 60 units; and Kasumigaseki Restaurant, overseeing the group's food and beverage ventures at Vida Emirates Hills.
In Japan, the company manages 68 hotel projects, 29 logistics developments, and 17 healthcare projects. Since its Tokyo Stock Exchange listing in 2018, Kasumigaseki has delivered total shareholder returns of 911.9%.
The company's UAE leadership team comprises Mohammad Khalifa Majid Alabbar Alfalasi as Chairman, Tatsuya Suzuki as Chief Executive Officer, and Kosuke Urasawa as Manager.
Alfalasi said, "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."
Suzuki said, "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."
