NIPPON REIT Investment Corporation

Securities code:3296



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B-1 Tower Court Kitashinagawa

Location 11-13, Kita-Shinagawa 3-chome, Shinagawa-ku, Tokyo
Access Approximately a four-minute walk from ShimBamba Station on the Keikyu Main Line
Site area 2,879.77㎡
Total floor space 24,007.74㎡ (Note 1)
Structure/Floors Reinforced concrete structure/flat roof, B1/36F
Completion February 2009
Acquisition date March 29, 2011
(Note 1)The figure does not include the annex building.
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Location Characteristics

Surrounding Environment and Property Features

Tower Court Kitashinagawa is located in a residential district in Shinagawa Ward. The Property has relatively good access convenience, as it is approximately a four-minute walk from ShimBamba Station on the Keikyu Main Line, the nearest station, and it takes approximately 20 minutes by train from the station to central Tokyo. The Property also has a competitive advantage in terms of living environment, with living convenience facilities such as schools and hospitals in the neighborhood. The area allows expectations for rental demand from singles and small households centering on workers commuting to central Tokyo, as well as rental demand from families, in a stable manner. The building is a relatively new tower condominium having 36 floors, completed in 2009. It has a competitive edge both in terms of the facilities and specifications compared with condominiums in the vicinity. The Property commands comparable competitiveness as a rental condominium primarily for small households and families that value the transportation convenience to central Tokyo.


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