Last Update: 06/18 2021 06:00 JST

Tokyu Corp, SMFL Mirai Partners acquire Azabu serviced apartment

Tokyu Corporation and Chiyoda-ku-based SMFL Mirai Partners acquired a serviced apartment building in Higashi-Azabu, Minato-ku.

Nomura to reconstruct long-established Ginza restaurant into office

Nomura Real Estate Development acquired a long-established ryotei Japanese restaurant in Ginza, Chuo-ku. The company is considering reconstructing it into an office building.

Tokyu Corporation acquires office building in Jingumae, Shibuya-ku

Tokyu Corporation and special purpose company FST GK jointly acquired an office building in Jingumae, Shibuya-ku. The seller was beauty salon operator Taya.

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...



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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.
Under Construction Survey | Market Knowledge | Deals Roundup | Relocation Update | News Digest

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