United Urban to acquire retail store in Hachioji City, Tokyo

United Urban, which is a REIT affiliated with trading firm Marubeni, will acquire Gulliver Hachioji Minamino, which is a used car dealer in Minamino, Hachioji City, Tokyo.

Vortex acquires Kojimachi office building

Chiyoda-ku real estate company Vortex acquired an office building in Kojimachi, Chiyoda-ku, through a special purpose company. The company plans to...

Tokyu Livable acquires hotel in Nihombashi-Hakozakicho

Shibuya-ku-based Tokyu Livable, a real estate company of Tokyu Fudosan Holdings, acquired a hotel located in Nihombashi-Hakozakicho, Chuo-ku.

Credo Asset Management to develop first logistics facility in Saitama

Minato-ku based Credo Asset Management started the development plans for Credo Okegawa Ina, which is the company's first logistics facility.

Mitsubishi, Nippon Life to build 170,000 m2 GFA warehouse in Sagamihara City

Mitsubishi Estate and Nippon Life Insurance started construction of a multi-tenant (MT) logistics facility in Fuchinobe, Chuo-ku, Sagamihara City, Kanagawa Prefecture. To be completed in December 2023, it will have five floors above ground and a gross floor area of approximately 170,900 m2.

Risa Partners sells Jimbocho office building

Special purpose company GK Takebashi, which is invested in by Risa Partners, sold an office building in Kanda-Jimbocho, Chiyoda-ku. The buyer was...

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WHAT'S IN THE MONTHLY REPORT: JUNE 2022

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Major Overhaul of Shinjuku Station Revealed

Large-scale development projects underway in Nihombashi and Shibuya
A total of 108 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 2022 for an aggregate gross floor area reaching 12.51 million m2. The number of plans for buildings that were newly identified from last year’s survey was 24. The number of projects expected to be completed in 2030 or after has also increased.
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