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(Oct. 15, 2014)
Kenedix Office Investment Corporation(TSE Code: 8972) announces the acquisition of "Urban Square Yokohama".
| Acquisition | |||
| Property name | Urban Square Yokohama | ||
| Address | Yokohama, Kanagawa | ||
| Acquisition price | 7,210 million JPY | ||
| Expected NOI yield | 5.2% | ||
| Cap rate | 4.9% | ||
| Completion | March 18, 1994 | ||
| Acquisition date | October 29, 2014 | ||
| Seller | Mimosa TMK | ||
(Billions of yen)
| 1 | Shinjuku Mitsui Bldg. | 170 |
|---|---|---|
| 2 | IIDABASHI GRAND BLOOM | 139 |
| 3 | Roppongi Hills Mori Tower | 115 |
| 4 | Shiodome Building | 107 |
| 5 | Tokyo Shiodome Building | 83 |
| 1 | ORIX JREIT | +0.79% |
|---|---|---|
| 2 | CRE Logistics | +0.79% |
| 3 | Activia Properties | +0.61% |
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