NIPPON REIT Investment Corporation

Securities code:3296

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A-49 FORECAST Kayabacho

Location 1-10-14 Shinkawa, Chuo-ku, Tokyo
Access Approximately a 5-minute walk from Kayabacho station on the Tokyo Metro Tozai and Hibiya Lines
Site area 969.62㎡
Total floor space 4,966.06㎡
Structure/Floors Steel-framed reinforced concrete with flat roof,B1/8F
Completion January 1990
Acquisition date July 2, 2015

Location Characteristics

Kayabacho/Hacchobori/Shinkawa zone is an area spread around Kayabacho station on the Tokyo Metro Hinaya Line and Hacchobori station on the JR keiyo Line and the Tokyo Metro Hibiya Line and positioned as submarket adjacent to office areas in central Tokyo especially Nihombashi/Yaesu/Kyobashi zone. There is a concentration of the securities companies around Nihombashi Kabutocho as Tokyo Stock Exchange is located in the zone. Furthermore, there is a concentration of many various industries due to its location (proximity to central Tokyo), traffic convenience (superior access to central Tokyo by the Tokyo Metro Tozai and Hibiya Lines, etc.), and cost balance. Therefore, the zone is considered to absorb the demand from a wide range of tenants.

Property Features

FORECAST Kayabacho is located a 5-minute walk from Kayabacho station on the Tokyo Metro Tozai and Hibiya Lines. Its traffic convenience has certain competitive edge as the Tokyo Metro Tozai line with an easy access to the central Tokyo including Otemachi station is available. The building is a small-mid-sized building with total floor space is around 1,600 tsubos and the standard floor area is around 160 tsubos and is equipped with standard specifications that can meet tenant needs.

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