Portfolio List
OF-01XYMAX Nishi-Shimbashi Building
- Office
- Tokyo central 8 wards
Acquisition price | 2,500 million yen |
---|---|
Appraisal value | 3,270 million yen |
Asset type | Office |
Structure/Number of Floors | Reinforced concrete structure with flat roof 9F |
Location | 2-6-2, Nishi-Shimbashi, Minato-ku, Tokyo |
Land area | 402.53 ㎡ |
Total floor area | 2,517.50 ㎡ |
Completion date | August 22, 2000 |
Property Features
The property has a high level of traffic convenience as several train lines are available for access. Currently, a redevelopment project is underway in the area and the area is attracting greater attention. Furthermore, the vacancy rates of small- and mid-sized buildings within the area have been decreasing and rent is showing an upward trend. With the combination of high traffic convenience, area recognition and improvement in bustling environment, XYMAX REIT believes the property is in an area where strong leasing demand can be expected going forward.