NIPPON REIT Investment Corporation

Securities code:3296

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A-46 La Verite AKASAKA

Location 1-5-7 Moto-Akasaka, Minato-ku, Tokyo
Access Approximately a 3-minute walk from Akasaka station on the Tokyo Metro Ginza and Marunouchi Lines, and Approximately a 5-minute walk from Nagatacho station on the Tokyo Metro Hanzomon Line
Site area 454.03㎡
Total floor space 2,020.75㎡
Structure/Floors Reinforced concrete structure with flat roof ,8F
Completion December 1986
Acquisition date July 2, 2015

Location Characteristics

The Akasaka zone is an area formed around the arterial roads such as Aoyama-Dori street, Sotobori-Dori street and Roppongi-Dori street. The zone has high traffic convenience as several subway lines are available including especially the Tokyo Metro Ginza and Marunouchi Lines which are superior in convenience as train routes to business districts and having superior accessibility to Otemachi and Shinjuku areas. As for the tenants, service related business centered on restaurants is concentrated along the vibrant Hitotsugi-Dori street and around the station. In addition, there are offices of top companies in many industries along Aoyama-Dori street, Roppongi-Dori street and Akasaka-Dori street, while the concentration foreign-affiliated companies is also high as the areas such as Hiroo and Aoyama where many foreigners reside are around concerned zone and there are high concentration of foreign affiliated companies in the neighboring office areas such as Roppongi and Kamiyacho. Furthermore, because Tokyo Broadcasting System Holdings, Inc. has its main office in the zone, offices of creative sector such as music, apparel and media are also concentrated, thus the zone has solicitation power over tenants who focus on a locational impression and traffic convenience to central Tokyo, and who intend to raise the status of their address.

Property Features

La Verite AKASAKA is located approximately a 3-minute walk from Akasaka station on the Tokyo Metro Ginza and Marunouchi Lines, and a 5-minute walk from Nagatacho station on the Tokyo Metro Hanzomon Line. As for access, the location can be evaluated to have a certain level of convenience as several stations are available within walking distance. The building is a small-sized building as total floor space is around 600 tsubos, and standard floor area is around 70 tsubos. The building is equipped with standard specifications including sub-floor cavity and separated air conditioning system, etc. that can meet tenant needs, and having certain competitive edge compared with the similar buildings in the zone.

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