The Globe and Mail reports in its Tuesday edition that Brookfield Asset Management has closed two real estate investments in Japan worth a combined $1.6-billion (U.S.). A Reuters dispatch to The Globe says the investments comprise a stake in Tokyo's landmark Gajoen complex, a mixed-use office, retail and luxury hotel, and a 93,000-square-metre plot in the outskirts of Nagoya, which will be developed into a logistics warehouse. It is the latest large-scale real estate investment in Japan, as a weaker yen and availability of cheap financing have increased foreign investor interest in the sector. Gajoen, located in Meguro, Tokyo, is owned by the Chinese sovereign wealth fund China Investment Corp., which bought the property in 2015. Toronto-based Brookfield did not state the size of its stake in Gajoen. Its shares closed Monday at $85.36, down 63 cents on the Toronto Stock Exchange.