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OFC-10Nihonbashi Hamacho Park Building

●Located in Nihonbashi Hamacho area, allowing easy access to major business areas in Central Tokyo and use of various railways
●A number of major companies have their head offices in this area, as it is a very attractive area for companies in various fields and of various sizes
●Further development of the area is expected considering that it not only has characteristics of an office area, but also has characteristics of residential and tourism areas

Acquisition price 1,450million yen
Appraisal value 1,510million yen
Asset type Office
Structure/Floors(Note1) SRC 11F
Address 2-35-4 Hamacho, Nihonbashi, Chuo-ku, Tokyo
Lot area(Note2) 319.04㎡
Total floor area(Note3) 2,384.03㎡
(Note 1) While this building is in the form of compartmentalized ownership, the structure and the number of floors are indicated as those of an entire building structure. The floors subject to acquisition are the four floors from the fifth floor to the eighth floor of the building.
(Note 2) This building is in the form of compartmentalized ownership. The land on which the building is located (773.91m2) consists of (i) the portion subject to the right of site registered in the building registry (546.07m2) and (ii) the portion individually owned by the other unit owners (227.84m2). As such, the site area is calculated by multiplying (a) the registered area of the portion of the land referred to in (i) (546.07m2) by (b) the ratio of the right of site to the building subject to acquisition (31,904/54,607). As for the portion of the land referred to in (ii), the right of use has been established pursuant to the bylaws for the building.
(Note 3) Since this building is in the form of compartmentalized ownership, the total floor area is calculated by multiplying (a) the total floor area of the entire building (5,434.30m2 (registered area of the whole building)) by (b) the ratio of the area of the exclusive element of the subject to acquisition (43.87%), after rounded to the second decimal place.

Property Features

●A multi-tenant office building, approx. 2-minute walk from Hamacho Station and approx. 5-minute walk from Bakuro-yokoyama Station of Toei Shinjuku Line, and is also located approx. 5-minute walk from Higashi-nihonbashi Station of Toei Asakusa Line and Ningyocho Station of both Toei Asakusa Line and Tokyo Metro Hibiya Line.
●The property has a good access to the major business areas in Central Tokyo and is convenient for commuters as they have many options for commuting routes by trains.
●Nihonbashi Hamacho area has a high concentration of offices where various major companies establish their headquarters, which let it has a high appeal to various types and sizes of companies. In addition, the area is expected to further develop into a mixed-up area with features not only of office district but also residential and sightseeing areas.
●The property should satisfy the standards necessary for general tenants with its rich, tiled exterior as well as individual air-conditioning units, raised floors, etc.

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