NIPPON REIT Investment Corporation

Securities code:3296

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A-56 Homat Horizon Building

Location 6-2, Gobancho, Chiyoda-ku, Tokyo
Access Approximately a 2-minute walk from Ichigaya station on the JR Sobu line, the Toei Shinjuku line and the Tokyo Metro Yurakucho line and a 5-minute walk from Ichigaya station on the Tokyo Metro Namboku line
Site area 1,531.26㎡
Total floor space 8,143.02㎡
Structure/Floors Steel-framed reinforced concrete with flat roof,B1/8F
Completion August 1987
Acquisition date September 28, 2017

Location Characteristics

The Bancho zone where the subject property is located extends from the south side of Ichigaya station towards kojimachi and mainly consists of residences and schools, while the zone’s office market volume is the smallest in Chiyoda ward due to the restrictions on construction of high-rise office building. However, as several embassies and luxury residences are concentrated, the zone is recognized as prestigious high-quality area. In addition, as the green scenery and atmosphere, relatively spacious environment, regulation for building height and limited supply of office work positively, the zone has certain appealing power over tenant emphasizing work environment.
The subject property is a 2-minute walk from Ichigaya station on the JR Sobu line, the Toei Shinjuku line and the Tokyo Metro Yurakucho line and a 5-minute walk from Ichigaya station on the Tokyo Metro Namboku line. The traffic convenience can be evaluated in the zone at a certain level as JR lines are available within walking distance.

Property Features

Homat Horizon Building is categorized as a small- and mid-sized building as it has a total floor space of approximately 2,600 tsubos and the standard floor space of approximately 250 tsubos. As many buildings located in the Bancho zone are small-sized building with the total floor space of less than 1,000 tsubos, the size of the subject property has relatively high competing power. Furthermore, building age of the subject property has a standard level of competitiveness.

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