Lisa Partners (hereinafter 'RISA') is pleased to announce that it has completed an investment in 'Nishi-Shinjuku Prime Square,' an office building located in Nishi-Shinjuku, Shinjuku-ku, Tokyo, through an anonymous partnership investment in R Office No. 1 LLC, which acquires and operates real estate trust beneficiary rights.
This investment is based on a focus on the stability and growth potential of the central Tokyo office market, where supply and demand are expected to remain tight, driven by constraints on new supply due to rising construction costs and the need for enhanced office environments for talent acquisition.
The Shinjuku area, where the property is located, boasts high brand recognition backed by Shinjuku Station, which has the highest number of passengers in the world, and offers advantages in talent acquisition. Furthermore, due to a wide accumulation of diverse industries, the area is less susceptible to recessions in specific sectors, ensuring stable office demand.
Moving forward, the RISA Group’s real estate investment business will continue to provide one-stop investment and advisory functions that increase asset and social value, centered on unique value creation through the fusion of 'real estate, finance, architecture, and business.'
Property Overview
Property Name: Nishi-Shinjuku Prime Square Address: 7-5-25 Nishi-Shinjuku, Shinjuku-ku, Tokyo Access: Approx. 4-min walk from Seibu-Shinjuku Station (Seibu-Shinjuku Line), Approx. 5-min walk from Shinjuku-nishiguchi Station (Toei Oedo Line), Approx. 8-min walk from Shinjuku Station (JR/Keio/Odakyu Lines) Site Area: 5,692.01 sq. m (1,721.83 tsubo) Floor Area: 36,899.18 sq. m (11,162.00 tsubo) Structure/Scale: Steel/RC/SRC construction, 16 floors above ground and 2 floors below ground Completion: November 1988
Lisa Partners, Inc. Headquarters: Shinagawa Intercity Tower C 19F, 2-15-3 Konan, Minato-ku, Tokyo, 108-6219
FACT BOX
- Source: PR TIMES
- Category: News