Two Nihombashi super high-rise buildings to be developed
Tokyu Land, Mitsui Fudosan and Nippon Steel Kowa Real Estate submitted a draft of the Nihomashi Itchome East District Urban Redevelopment Project to the Tokyo Metropolitan Government Urban Renaissance Subcommittee of the National Strategic Special Zone Team. The project calls for the construction of two super high-rise buildings and three small buildings for public and public utility facilities in the area to the east of Showa-dori Street in Nihombashi 1-chome. ≫
Kenedix Retail REIT to acquire Fukuoka City retail facility
Kenedix Retail REIT will acquire a daily life-oriented retail facility in Chuo-ku, Fukuoka City. With this transaction, the REIT’s acquisition price-based AUM will become approximately 249.66 billion yen [$2.2 billion]. ≫
Mitsubishi developing office, retail building in Nihombashi-Yokoyamacho
Mitsubishi Estate will develop a mixed-use building consisting of office and retail floors in Nihombashi-Yokoyamacho, Chuo-ku. Construction will start in January 2022, with completion targeted for March 2023. ≫
Ardepro acquires apartment in Kita-ku, Osaka City
Real estate company Ardepro acquired a rental apartment in Honjo-Nishi, Kita-ku, Osaka City. ≫
Mitsubishi private REIT acquires apartment in Chuo-ku, Osaka City
Nippon Open Ended, a private REIT managed by Mitsubishi Jisho Investment Advisors of Chuo-ku, acquired a rental apartment building in Minami-Kyuhojimachi, Chuo-ku, Osaka City. The private REIT had an AUM... ≫
Hoikuen Mirai Fund 2 incorporates Kanda and Ikebukuro properties
Hoikuen Mirai Fund 2, a private fund specializing in nursery schools, acquired authorized nursery schools in Soto-Kanda, Chiyoda-ku and Minami-Ikebukuro, Toshima-ku. ≫
HJ Asset Management acquires Ikebukuro office building from Phoenix
HJ Asset Management acquired an office building in Ikebukuro, Toshima-ku. The seller was Hong Kong’s Phoenix Property Investors. ≫
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WHAT'S IN THE MONTHLY REPORT: SEPTEMBER 2021
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