NIPPON REIT Investment Corporation

Securities code:3296

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A-25 FORECAST Ningyocho

Location 2-13-9, Ningyocho, Nihombashi, Chuo-ku, Tokyo
Access Approximately a 2-minute walk from Suitengumae Station on the Tokyo Metro Hanzomon Line and approximately a 3-minute walk from Ningyocho Station on the Tokyo Metro Hibiya Line and the Toei Subway Asakusa Line
Site area 555.39㎡
Total floor space 3,390.96㎡
Structure/Floors Steel-framed reinforced concrete, Reinforced concrete structure with flat roof,B1/7F
Completion November 1990
Acquisition date February 12, 2015

Location Characteristics

The Ningyocho/Kakigaracho zone is formed around major roadways including Shin-Ohashi-Dori and Kiyosubashi-Dori streets, and there are Suitengumae Station on the Tokyo Metro Hanzomon Line, Ningyocho Station on the Tokyo Metro Hibiya and Toei Subway Asakusa lines and Hamacho Station on the Toei Subway Shinjuku Line within the zone.
The zone’s characteristic is that there are many small-sized buildings with a total floor space of less than 1,000 tsubos and the number of mid- and large-sized office buildings in stock being few when compared to adjacent zones. The supply of new buildings are also few and it is under a situation where stock improvement or accumulation of superior office buildings in stock is not progressing.
As for the characteristics of those demanding office spaces, it can be observed that many tenants focus on relatively discounted rents for Chuo-ku.

Property Features

Forecast Ningyocho is approximately a 2-minute walk from Suitengumae Station on the Tokyo Metro Hanzomon Line and approximately a 3-minute walk from Ningyocho Station on the Tokyo Metro Hibiya Line and the Toei Subway Asakusa Line . It is considered to have strong solicitation power in terms of proximity to the nearest station and availability of several train routes.
The building is equipped with standard specifications that can meet tenant needs.

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