NIPPON REIT Investment Corporation

Securities code:3296

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B-9 Splendid Namba

Location 2-1-23, Inari, Naniwa-ku, Osaka, Osaka
Access 4-minute walk from Sakuragawa station on the Osaka municipal subway Sennichimae line
Site area 1,067.80㎡
Total floor space 8,031.78㎡
Structure/Floors Reinforced concrete structure/flat roof, 15F
Completion January 2015
Acquisition date September 28, 2017

Location Characteristics

The area where Splendid Namba is located is adjacent to "Namba and Shinsaibashi area" which is one of the largest commercial districts in Japan. The subject property is a 4-minutewalk from Sakuragawa station on the Osaka municipal subway Sennichimae line and has a good traffic convenience as it is located within the walking distance from Namba station on the JR lines which is a base of wide area transportation. In addition, the subject property has a competitive advantage in terms of living convenience as there is an abundance of living convenience facilities such as supermarkets and daily necessities shops near the subject property and has a certain competitive edge as a rental condominium primarily for singles.

Surrounding Environment and Property Features

The building is newly built and has standard room layout like studio or one-bedroom. The
building is considered to have relatively superior competitiveness among properties in the
surrounding area in terms of building grade, design and level of equipment, etc.

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