Nomura Master Fund to acquire leased site adjacent to Universal Studios Japan
REIT Nomura Real Estate Master Fund will acquire part of the leased site of Universal Citywalk Osaka in Konohana-ku, Osaka City. With this transaction, the REIT’s acquisition price based AUM will be approximately 1.07 trillion yen [$9.4 billion]. ≫
Fuyo General Lease acquires four apartments from Tokyo Tatemono
Fuyo General Lease acquired four apartment buildings from Tokyo Tatemono. Among the four properties acquired, the apartment building... ≫
Nippon Life Insurance acquires Osaka warehouse from Orix
Nippon Life Insurance acquired a multi-tenant logistics facility in Hirakata City, Osaka Prefecture. The seller was Orix. ≫
NYK Line, Mitsubishi developing 88,000 m2 GFA mixed-use building in Yokohama
Shipping company Nippon Yusen Kaisha (NYK Line) and Mitsubishi Estate will reconstruct two buildings in Kaigan-dori, Naka-ku, Yokohama City into a single building in one project. The new building will have 22 floors above ground and two below with approximately 88,600 m2 of gross floor area. ≫
Sumitomo to construct 24,000 m2 GFA office building near Shinjuku Station
Sumitomo Realty & Development will proceed with tentatively-named Shinjuku Minamiguchi Project in Sendagaya, Shibuya-ku. It is a project to construct a large office building with an event hall, and construction will start in October 2021 with completion targeted for June 2024. ≫
Seibu to sell hotels and leisure facilities for over $900m
Seibu Holdings is set to sell off some of its iconic hotel and leisure facilities for over 100 billion yen [$908 million], as the pandemic prompts the Japanese railway and hotel conglomerate to offload those assets to focus on their operation, multiple sources told Nikkei. ≫
Aoyama Zaisan acquires Ginza building
Aoyama Zaisan Networks, a private wealth consulting firm, acquired a retail and office building in Ginza, Chuo-ku. The company plans to... ≫
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WHAT'S IN THE MONTHLY REPORT: JULY 2021
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