Naka-Ochiai, Shinjuku-ku apartment building sold
Real estate company Ruf of Chiyoda-ku sold a rental apartment building in Naka-Ochiai, Shinjuku-ku. The buyer was... ≫
Sun Frontier sells office building in Tsukiji, Chuo-ku
Real estate company Sun Frontier Fudousan sold an office building in Tsukiji, Chuo-ku. ≫
LaSalle’s fund acquires ten properties for Y35bn
LaSalle Japan Property Fund (LJPF), which is operated by LaSalle Investment Management, acquired a logistics facility in Osaka Prefecture and nine residences in Tokyo in March 2021. The total investment amount was approximately 35 billion yen [$310 million]. ≫
Invesco REIT and sponsor oppose TOB by Starwood
Invesco Office J-REIT announced that it opposes the take-over-bid (TOB) by the Starwood Capital Group. It also requested that its sponsor Invesco Group purchase additional investment units to compete with Starwood. ≫
Hulic reconstructing Ginza office building
Hulic will reconstruct an office building in Ginza, Chuo-ku. Construction will start in November 2021, with completion targeted for August 2023. ≫
DeNA to return over 4,600 tsubos of Shibuya Hikarie
DeNA, which is a mobile portal and e-commerce websites provider, will relocate its headquarters to WeWork in Shibuya Scramble Square, which is connected directly to JR Shibuya Station. DeNA’s headquarters are currently in Shibuya Hikarie. It moved in when the building was completed in 2012, renting the seven floors from the 20th through 26th floor, an estimated 4,690 tsubos [15,500 m2] but it will return all of them. ≫
Samty acquires retail building in Nihombashi-Bakurocho
Real estate company Samty acquired a retail building in Nihombashi-Bakurocho, Chuo-ku. The seller was... ≫
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WHAT'S IN THE MONTHLY REPORT: APRIL 2021
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