XYMAX REIT Investment Corporation


Portfolio List

OF-01XYMAX Nishi-Shimbashi Building

  • Office
  • Tokyo central 8 wards
  • XYMAX Nishi-Shimbashi Building1
  • XYMAX Nishi-Shimbashi Building2
  • XYMAX Nishi-Shimbashi Building3
  • XYMAX Nishi-Shimbashi Building4
Acquisition price  2,500 million yen
Appraisal value  3,110 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.

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