Last Update: 06/16 2021 06:00 JST

Samty sells two Kyoto hotels, eyeing incorporation into REIT

Samty sold two hotels, which are located in Shimogyo-ku, Kyoto City. The company is partially making silent partnership investments in a special purpose company and the buyer. It aims to form a hotel REIT, and plans to incorporate the two hotels into the REIT.

Shimizu acquires central Ginza building

It has been revealed that general contractor Shimizu acquired a retail and office building in Ginza, Chuo-ku. The seller was...

Blackstone acquires rental apartment building in Shinjuku-ku

It has come to light that Nikko Plus14 GK 13, a special purpose company affiliated with The Blackstone Group, purchased a rental apartment building in Hyakunincho, Shinjuku-ku. The seller was...

Kasumigaseki Capital selling Funabashi development site to Brookfield

Kasumigaseki Capital will sell 3,737 m2 of land in Funabashi City, Chiba Prefecture for development of a logistics facility. The buyer is a special purpose company of a real estate fund managed by major Canadian asset management company Brookfield Asset Management.

Daiichi Realter sells newly built hotel in Ueno

Minato-ku based Daiichi Realter sold a hotel in Ueno, Taito-ku, in April 2021. The buyer was..

Rio obtains office building in Mito City, Ibaraki

Rio Holdings subsidiary Rio Consulting, both based in Chiyoda-ku, acquired an office building in Omachi, Mito City, Ibaraki Prefecture. The seller was...

Germany’s Deka Immobilien acquires Osaka Dotonbori landmark

Germany’s Deka Immobilien acquired a retail building in Chuo-ku, Osaka City from trading firm Sumitomo Corporation. The price...



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Slew of Planned Projects

Development underway for 99 buildings, GFA of 10 million m2
A total of 99 large-scale office buildings, each with a gross floor area of at least 10,000 m2, are to be completed in the 23 wards of Tokyo in or after 2021 for an aggregate gross floor area reaching 10.08 million m2. In addition to the reconstruction of Imperial Hotel Tokyo, 24 projects were newly revealed over the past year. Many projects are scheduled to be implemented even after the peak of the supply of office buildings in 2025.
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