NIPPON REIT Investment Corporation

Securities code:3296



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A-42 Sunworld Building

Location 1-6-2, Kita-Horie, Nishi-ku, Osaka, Osaka
Access Approximately a minute walk from Yotsubashi Station on the Osaka Municipal Subway Yotsubashi Line
Site area 388.90㎡
Total floor space 3,314.58㎡
Structure/Floors Steel-framed,Steel-framed reinforced concrete structure with flat roof,B1/11F
Completion March 1993
Acquisition date February 12, 2015

Location Characteristics

The Yotsubashi zone where the Sunworld Building is located has Yotsubashi Station on the Osaka Municipal Subway Yotsubashi Line and is a region with a lineup of many small- and mid-sized buildings mainly along Yotsubashi-Suji and Nagahori-Dori streets. Although emergence of retail facilities
including brand shops were prominent in Horie district to the south of Nagahori-Dori Street a few years ago, recently such movements seems to have settled.The western side of Yotsubashi-Suji Street is an area where developments into residential districts are under way, and is a zone with a mix of retail facilities, residences and offices.

Property Features

Sunworld Building is located along Yotsubashi-Suji Street and is approximately a minute walk from Yotsubashi Station on the Osaka Municipal Subway Yotsubashi Line. The size of office building spaces in the market of the zone is approximately 87,000 tsubos, and office building concentration cannot be said to be high when compared to that of overall Osaka City. In addition, the zone is adjacent to Shinsaibashi zone which is highly recognized as a commercial district and has a mixture of retail facilities and residences. Therefore, it cannot be denied that the zone has mixed image. However, when taking a look at the position of the Sunworld Building within the zone, from the location of it being near the intersection of Nagahori-Dori and Yotsubashi-Suji streets along which there are major office buildings, it can be said that the location is being evaluated highly.
In the Yotsubashi zone where many buildings are old, the Sunworld Building is also expected to be highly evaluated to a certain extent in terms of comparative age.The building is equipped with standard specifications that meet tenant needs.


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