Features
Concentrated Investment in Office and Residence in the Tokyo 23 Wards
We concentrate our investments in high-demand office and residential space in the Tokyo 23 Wards.
Office
Abundant demand in the widest tenant segment
- Comparatively large number of small-and medium-sized businesses considered to be the main tenant demographic for target offices
- Large number of offices and employees in the Tokyo 23 Wards
Residence
Strong tenant demand supported by high demand for housing
- Population is increasing in Tokyo
- Larger population and number of households compared to other major cities / prefectures
Diversified Portfolio Structure
Create a diversified portfolio in terms of usage, number of properties, and type of tenants by investing in numerous properties based on strict investment standards to minimize revenue fluctuation risk.
Office and Residence Investment Ratio
As a rule, each portfolio is divided fifty-fifty in terms of office/residential property (purchase price basis) to allow us to enjoy the upside of investment in each segment.
Our Primary Investment Area (Tokyo 23 Wards) is our main focus of investment. However, we also pursue investment in our Secondary Investment Area and Regional Investment Area* based on existing market conditions (stock, pricing, lease market conditions, etc.).
Office and Residence Investment Ratio
- Office
-
- 50% as a rule
(30% to 70%) -
- Primary Investment Area
- 50-100%
- Secondary Investment Area
- 0-50%
- Regional Investment Area
- (*)
- 50% as a rule
- Residence
-
- 50% as a rule
(30% to 70%) -
- Primary Investment Area
- 50-100%
- Secondary Investment Area
- 0-50%
- Regional Investment Area
- (*)
- 50% as a rule
- Other Assets
-
- 10% or less
of the entire
portfolio -
- Primary Investment Area
- (*)
- Secondary Investment Area
- (*)
- Regional Investment Area
- (*)
- 10% or less
- Investment Amount
-
- Office
- The investment amount shall be 1 billion yen or more per property, in principle; provided, however, that the investment amount per property shall be not more than 20% of the entire portfolio (based on the acquisition cost).
- Residence
- The investment amount shall be 500 million yen or more per property, in principle; provided, however, that the investment amount per property shall be not more than 10% of the entire portfolio (based on the acquisition cost).
Investment Area
- Investment
Area -
- Primary Investment Area
-
Tokyo 23 Wards
- Secondary Investment Area
-
Major urban areas of Tokyo, Kanagawa, Chiba and Saitama Prefectures other than the Primary Investment Area.
- Regional Investment Area
-
Major urban areas of the metropolitan areas other than the Primary Investment Area and the Secondary Investment Area.
- Investments in regional office buildings (office buildings located in the regional investment area), regional residences (residences located in the regional investment area), and other assets are limited to a total of less than 40% of the overall portfolio (purchase price basis).