XYMAX REIT Investment Corporation

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Portfolio List

RT-03Vita Seiseki-Sakuragaoka

  • Retail
  • Tokyo economic area
  • Vita Seiseki-Sakuragaoka1
  • Vita Seiseki-Sakuragaoka2
  • Vita Seiseki-Sakuragaoka3
Acquisition price  3,100 million yen
Appraisal value  3,900 million yen
Asset type  Retail
Structure/Number of Floors (Note1) Steel-framed reinforced concrete structure/reinforced concrete structure/steel-construction with flat roof B3F/27F
Location  4-72, Sekido, Tama-shi, Tokyo
Land area (Note2) 9,003.26 
Total floor area (Note1) 62,849.56 
Completion date  September 17, 1999
● Structure/Number of Floors and Total floor area are described for the entire building.
● The site area is the area of ​​the entire site.
● Land ownership type: Ownership (Owned ownership ratio: Approximately 49.6%) Building ownership type: Sectional ownership (Exclusive area of ​​the owned sectioned ownership: 27,161.00㎡)

Property Features

The property is directly connected to Seiseki-sakuragaoka Station on the Keio Line, which boasts a number of passengers (64,376 people/day, 2016) (source: “Overview of train business: passengers per day by station” in Keio Corporation’s Japanese website) that ranks in the top ten among stations of the Keio line, while also having many bus routes that start from the station. The property meets the daily living needs of nearby residents including those living in condominiums attached to the property, by selecting tenants that handle daily goods. As such, XYMAX REIT believes that sufficient demand can be expected going forward.

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