(Sep. 26, 2014)
Japan Real Estate Investment Corporation (TSE Code: 8952) announces the acquisition of "Shinjuku Eastside Square".
Acquisition | |||
Property name | Shinjuku Eastside Square | ||
Address | Shinjuku-ku, Tokyo | ||
Acquisition price | 23,100 million JPY | ||
Expected NOI yield | 4.4% | ||
Cap rate | 4.4% | ||
Completion | March, 2012 | ||
Acquisition date | October 1, 2014 | ||
Seller | Shinjuku Rokuchome Special Purpose Company (TMK) |
(Billions of yen)
1 | Shinjuku Mitsui Bldg. | 170 |
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2 | IIDABASHI GRAND BLOOM | 139 |
3 | Roppongi Hills Mori Tower | 115 |
4 | Shiodome Building | 107 |
5 | Tokyo Shiodome Building | 83 |
1 | Global One | +1.90% |
---|---|---|
2 | Kenedix REIT | +1.66% |
3 | Hulic Reit | +1.58% |
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