NIPPON REIT Investment Corporation

Securities code:3296

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A-40 East Side Building

Location 1-1-11, Yanagibashi, Taito-ku, Tokyo
Access Approximately a 3-minute walk from Asakusabashi Station on the JR Sobu Line and the Toei Subway Asakusa Line
Site area 503.57㎡
Total floor space 2,349.54㎡
Structure/Floors Steel-framed, steel-framed reinforced concrete structure with flat roof,B1/6F
Completion May 1988
Acquisition date February 12, 2015

Location Characteristics

In the Asakusa/Asakusabashi zone where East Side Building is located, multiple train routes are available including the JR Sobu Line, Tsukuba Express Line, Tokyo Metro Ginza Line and Toei Subway Asakusa and Oedo lines. However, the zone is positioned as a submarket of central Tokyo from its
geographical conditions.Demand from companies related to manufacturers,wholesalers, etc. are observed centering on office buildings with sizable standard floor areas due to its rent level, which is inexpensive compared to central Tokyo, being preferred.

Property Features

East Side Building is located approximately a 3-minute walk from Asakusabashi Station on the JR Sobu Line and the Toei Subway Asakusa Line and along Yanagibashi Okawabata-Dori Street. From surrounding areas of Nihombashi-Ningyocho to areas surrounding Asakusa, major transportation methods are generally limited to subway lines. However, central Tokyo is accessible from the East Side Building by JR lines and this point is believed to be highly evaluated by tenants.Furthermore, East Side Building is located along Sumida River and the superb view is believed to be highly evaluated.East Side uilding is categorized as a small-sized building as it has a total floor space of around 700 tsubos and a standard floor area of around 110 tsubos. Floors are U-shaped (regularly shaped) and have flexibility in layouts and high space use efficiency.
The building is equipped with standard specifications that meet tenant needs.

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