Serviced apartment operator Oakwood has expanded its presence in Japan with the signing of a management agreement for a brand new property in Tokyo.
Opening in 2015, the Oakwood Residence Tokyo will offer 123 fully-furnished serviced apartments ranging from studios to three-bedroom units, intended to cater to both short and extended stays, and the needs of expatriates relocating to the city. It will be located adjacent to the Yaesu entrance of Tokyo Station and will have shuttle bus terminal for both Haneda and Narita airports, plus a waiting lounge, basement car park, shops and dining outlets.
“This [property] reflects Oakwood’s global strategy to increase the number of its locations internationally and to serve clients and business travellers throughout the world,” said Oakwood’s Chairman and founder, Howard Ruby, who recently travelled to Tokyo to meet with the property’s developers, Tekko Building Co.
Oakwood is now present in 14 Asian cities, including Japan where it opened its first property 10 years ago.
Pic caption: Oakwood’s Chairman and founder, Howard Ruby, seals the deal with Tekko’s Executive Member of the Board, Soichiro Masuoka