DOCSLIB.ORG

Notice Concerning Acquisition of Asset (Daiwa Ebisu 4-Chome)(PDF:368.6

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Notice Concerning Acquisition of Asset (Daiwa Ebisu 4-Chome)(PDF:368.6 This translation of the original Japanese notice is provided solely for information purposes. Should there be any discrepancy between this translation and the Japanese original, the latter shall prevail. October 16, 2014 REIT Issuer: Daiwa Office Investment Corporation (Stock Code No.: 8976) Representative: Nobuaki Omura, Executive Director Asset Manager: Daiwa Real Estate Asset Management Co. Ltd. Representative: Akira Yamanouchi, President and Representative Director Inquiries to: Yuji Shinotsuka, Vice President and Representative Director (Tel: +81-3-6215-9649) Notice concerning Acquisition of Asset (Daiwa Ebisu 4-chome) We hereby announce that today Daiwa Office Investment Corporation (the “Investment Corporation”) has determined to acquire a trust beneficial interest in real estate (the “Acquisition”) as follows. 1. Summary of Asset to Be Acquired Type of Assets Trust beneficial interest in real estate Property Name Daiwa Ebisu 4-chome (Note 1) (the “Property”) Location 4-9-10 Ebisu, Shibuya-ku, Tokyo 4,135.2 million yen Acquisition Price ( excluding associated acquisition costs, consumption tax, etc.) Date of Conclusion of purchase agreement (the “Purchase October 16, 2014 Agreement”) Date of Delivery (scheduled) December 1, 2014 (Scheduled) Seller (the “Seller”) Not disclosed (Note 2) Cash on hand or the loans (scheduled) to be announced in due Funding for Acquisition course. Payment Method Lump-sum payment at the time of delivery Intermediary Not disclosed (Note 3) (Note 1) The new name of the Property is presented as its name is scheduled to be changed upon Investment Corporation’s purchasing of the Property. Seller has not agreed to disclose the current name of the Property. (Note 2) Seller is a domestic corporation which has not agreed to disclose its name. (Note 3) An Intermediary is a domestic corporation which has not agreed to disclose its name. 2. Reason for Acquisition We believe that the Property is appropriate pursuant to the basic policy for the asset management set forth in the Articles of Incorporation of the Investment Corporation and the management policy of the Investment Corporation. We decided to acquire the Property because we appreciate the rarity and profitability of the Property. (1) Location of the Property: The Property is located at 4 minutes on foot from JR Ebisu Station serving Yamanote, Saikyo and Note: This press release has been prepared as a public announcement regarding the Investment Corporation’s acquisition of asset and not prepared with the aim of soliciting investments. 1 Shonan-Shinjuku lines, and 6 minutes from Tokyo Metro Ebisu Station serving Hibiya Subway Line. The two stations conveniently connect to Shibuya and Shinjuku through JR lines and Roppongi, Kasumigaseki and Hibiya through the subway. The Ebisu area has been recognized as relatively a new office zone with potential since the opening of Ebisu Garden Place in 1994. The demand and supply condition for the area is stable as the area with the proximity to Shibuya is popular to international firms and software developers under the limited supply of the office buildings. (2) Building Facilities: The Property has 9 stories above ground and 1 below; the total floor area of 3,964.00 ㎡, about 110 tsubo with 2,600mm of ceiling height for standard floors (excluding 8th and 9th floors of 3,000mm) each with 100mm OA floor. Despite its age of 17 years since completion, the Property does not only look sophisticated with Glass Curtain Wall exterior but also constructed with quake-absorbing structure. As there is limited supply of younger office buildings in the area, we believe that the Property should maintain relative competitiveness in Ebisu. In terms of Investment Corporation’s portfolio performance, the Property with its functionality and favorable nearby location to the key train stations in the characteristic Ebisu area should contribute to the return. 3. Details of the Property to be Acquired Property Name Daiwa Ebisu 4-chome Type of Specified Assets Trust beneficial interest in real estate Trustee (scheduled) Mizuho Trust and Banking Co., Ltd. Trust Period From December 1, 2014 to November 30, 2024 Location (Lot Number) 4-72-3 Ebisu, Shibuya-ku, Tokyo and other 2 lots Use (Real Property Registry) Office, Parking Space Ownership Form (i) Land: Ownership (ii) Building: Ownership Site Area (Real Property Registry) 650.05 ㎡ Total Floor Area 3,964.00 ㎡ (Real Property Registry) Structure Steel frame and steel framed reinforced concrete structure, flat (Real Property Registry) roof ,9 stories above ground and 1 below Construction Date December 3, 1997 (Real Property Registry) Building Engineer Kume Sekkei Co., Ltd. Constructor Kajima Corporation Structural-design Engineer Kume Sekkei Co., Ltd. Floor Height/Ceiling Height 3,800 mm (for standard floor) / 2,600 mm (for standard floor) Each floor individual treatment air-conditioning Air-conditioning System/OA Laying OA-capable floor Building Inspection Agency Tokyo Metropolitan Government Engineering Due Diligence TOKIO MARINE & NICHIDO RISK CONSULTING Co., Ltd. Company Soil Contamination Risk Survey Earth-Appraisal Co., Ltd. Company Note: This press release has been prepared as a public announcement regarding the Investment Corporation’s acquisition of asset and not prepared with the aim of soliciting investments. 2 Probable Maximum Loss Level 2.44% (Sompo Japan Nipponkoa Risk Management Inc.) (Assessor) 4,135.2 million yen Acquisition Price (excluding acquisition costs and consumption tax, etc.) Appraisal Value 4,330million yen (Appraisal Date) (as of September 30, 2014) Appraiser DAIWA REAL ESTATE APPRAISAL CO.,LTD. Collateral None Summary of Tenants Total Number of Tenants 1 (As of scheduled delivery date) Rent Revenue Not disclosed (Note 1) Security Deposit and Not disclosed (Note 1) Guaranty 2,743.93 ㎡ (estimated as of the scheduled delivery date) Total Leased Floor Space (Note 2) Total Leasable Floor Space 2,743.93 ㎡ (Note 2) March 31, 2012 - Trend in occupancy rates March 31, 2013 - the last 5 years March 31, 2014 - (Note2) Scheduled delivery date 100.0% Expected NOI (NOI Yield) 173 million yen (4.2%) (Note 3) (1) After the completion of the building, northern part of the land of the Property was transferred to Tokyo Metropolitan Government for the city planning road. This caused the Property to become so to say noncompliant as it is in terms of the capacity volume ratio. (2) The road on the south of the Property is legislated by Building Standard Act article 42 clause 2. Site area of about 21.73 ㎡ has been spared for the road from the Property. (3) Regular inspection of the building facilities pursuant to article 12 clause 1 of Building Standard Act revealed certain things to be remedied. They are to be taken care of by delivery date by the Other Relevant Information Seller on its account. (4) Regular inspection of the private electrical facilities revealed certain things to be remedied. They are to be taken care of by delivery date by the Seller on its account. (5) Establishing the border between the northern road has yet to be completed. Conclusion of establishing the border will be taken care of by delivery date by the Seller on its account. (6) The investment Corporation will enter with the Seller into a periodical leasing agreement for the Property starting on the same day as the date of Execution of the Purchase Agreement (December 1, 2014)and ending on March 31, 2015. (Note1) The figures are not presented as no agreement has been obtained for the disclosure by the related parties. (Note2) The figures are based on the periodical leasing agreement for the Property with the Seller for the total leased floor space, total leasable floor space and trend in occupancy rates of the end tenants. Trend in occupancy rates of the end tenants is only available for the scheduled delivery date as the leasing had not taken place during previous periods. (Note4) The figure is forecasted for the period after the maturity of the periodical leasing agreement with the Seller. It is calculated with the assumption of the occupancy rate being 96% based on the expected terms of leasing agreements in consideration of the taxes and other costs that may incur. There is no leasing agreement outstanding as of today. Note: This press release has been prepared as a public announcement regarding the Investment Corporation’s acquisition of asset and not prepared with the aim of soliciting investments. 3 4. Details of the Seller Seller is a domestic corporation which has not agreed to disclose its name. The Seller does not fall under the Related Party of the Investment Corporation/Asset Manager. Also, the affiliated parties and the affiliated companies of the Seller do not fall under the Related Persons of the Investment Corporation/Asset Manager. 5. Status of Owners etc. of Properties The acquisition of the trust beneficial interest is not an acquisition from any persons having a special interest in the Investment Corporation or the Asset Manager. 6. Status of Intermediary (1) Summary of Intermediary A domestic corporation is the intermediary for the transaction of the Property. Since no permission, however, has been granted by it as to the disclosure of its name, etc., there presents no detail on it. There is no relationship required to be disclosed between the Investment Corporation/Asset Manager and the Intermediary in terms of capital, personnel and business. The Intermediary does not fall under the Related Party of the Investment Corporation/Asset Manager. Also, the Intermediary does not fall under the Interested Persons of the Investment Corporation/Asset Manager or under the Related Persons of the sponsor. (2) Fees for the Intermediary With no intermediary’s permission to disclosure of the fees and other details of the transaction, there is no presentation on the fees. Note: This press release has been prepared as a public announcement regarding the Investment Corporation’s acquisition of asset and not prepared with the aim of soliciting investments.
Load more

Recommended publications
  • Outdoor Club Japan (OCJ) 国際 アウトドア・クラブ・ジャパン Events
    Outdoor Club Japan (OCJ) 国際 アウトドア・クラブ・ジャパン Events Norikuradake Super Downhill 10 March Friday to 12 March Monday If you are not satisfied ski & snowboard in ski area. You can skiing from summit. Norikuradake(3026m)is one of hundred best mountain in Japan. This time is good condition of backcountry ski season. Go up to the summit of Norikuradake by walk from the top of last lift(2000m). Climb about 5 hours and down to bottom lift(1500m) about 50 min. (Deta of last time) Transport: Train from Shinjuku to Matsumoto and Taxi from Matsumoto to Norikura-kogen. Return : Bus from Norikura-kogen to Sinshimashima and train to Shinjuku. Meeting Time & Place : 19:30 Shijuku st. platform 5 car no.1 for super Azusa15 Cost : About Yen30000 Train Shinjuku to matsumoto Yen6200(ow) but should buy 4coupon ticket each coupon Yen4190 or You can buy discount ticket shop in town price is similar. (price is non-reserve seat) Taxi about Yen13000 we will share. Return bus Yen1300 and local train Yen680. Inn Yen14000+tax 2 overnight 2 breakfast 1 dinner (no dinner Friday) Japanese room and hot spring! Necessary equipment : Skiers & Telemarkers need a nylon mohair skin. Snowboarders need snowshoes. Crampons(over 8point!) Clothes: Gore-tex jacket and pants, fleece, hut, musk, gloves, sunglasses, headlamp, thermos, lunch, sunscreen If you do not go up to the summit, you can enjoy the ski area and hot springs. 1 day lift pass Yen4000 Limit : 12persons (priority is downhill from summit) In Japanese : ０２６ｍ)の頂上からの滑降です。 ゲレンデスキーに物足りないスキーヤー、スノーボーダー向き。 山スキーにいいシーズンですが、天気次第なので一応土、日と２日間の時間をとりました。
    [Show full text]
  • THE WESTIN TOKYO Sakura Map
    THE WESTIN TOKYO Sakura Map 1 Meguro River 2 Yoyogi Park Take the JR Yamanote Line from Ebisu Station to Take the JR Yamanote Line from Ebisu Station to Meguro Station (3 minutes). 5 minutes' walk from Harajuku Station (5 minutes). 3 minutes' walk from Meguro Station. Harajuku Station. Along both sides of the river banks spanning Atop the vast lawn, you will find cherry trees 4km, you will find 800 Somei Yoshino cherries in full bloom. This is a popular cherry in bloom. At night, they are illuminated. blossom viewing location. Ueno 4 Yamanote Line Sobu Line Kudanshita Hanzomon Line 7 Shinjyuk3ugyoen 3 Shinjyuku Gyoen National Park 4 Ueno Onshi Park Take the JR Yamanote Line from Ebisu Station to Shinjuku Take the JR Yamanote Line from Ebisu Station to Shinjyuku Station. From Shinjuku Station, board the Tokyo Metro Ueno Station (30 minutes). 2 minutes' walk from the Marunouchi Line and take it to Shinjuku-gyoenmae Station (3 Ueno Park exit of Ueno Station. minutes). 5 minutes' walk from Shinjuku-gyoenmae Station. The main road through the park features Enjoy 1,300 cherry trees of 65 varieties 1,200 cherry trees, making it one of the Marunouchi Line 6 outbloom. foremost destinations in Tokyo. Roppongi 5 Tokyo Midtown Harajyuku Shinanomachi 2 Take the Tokyo Metro Hibiya Line from Ebisu Station to Roppongi Station (6 minutes). 6 minutes' walk from Roppongi Station. 5 When in full bloom, sakura street is turned to sakura tunnel. At night, their illuminated blossoms create a bewitching mood. Hibiya Line 8 6 Meiji Jingu Gaien Ebisu Hamamatsucho Take the JR Yamanote Line from Ebisu Station to Yoyogi Station (8 minutes).
    [Show full text]
  • The Odawara Survival Guide for Newly Arrived Foreign Teachers
    The Odawara Survival Guide For newly arrived foreign teachers Odawara Survival Guide 2 Table of Contents I. Introduction A. Forward 3 B. Odawara 4 II. The Job A. A Short History of IU in Odawara 5 B. The Objectives of the IU Program 5 C. The Scope of the IU Program 6 D. The Responsibilities of the AET 6 E. Work Hours and Holidays 8 F. Japanese Junior High Schools 9 G. Life of a Team-Taught Lesson 9 H. Norms of Dress and Behavior 9 I. Possible Difficulties 10 J. Salary and Other Money Matters 11 K. Renewing 11 III. Before You Leave A. What to Bring 12 B. What to Do 13 C. The Self-Introduction 14 IV. When You Arrive A. Arrival 15 B. The Apartment 15 C. The First Few Weeks 15 V. Odawara A2Z 16 Alcohol, Amusement Parks, Antiques, Baking Supplies, Banking, Bars, Batting Cages, Billiards, Bills, Biking, Book Shops, Bowling, Bread, Bugs, Busses, Churches, City Hall, Cleaning, Clothing, Community Chest, Computers, Computer Networking, Concerts, Crime, Department Stores, Day Trips, Doctors, Do-it-yourself, Driver's License, Earthquakes, Et Cetera, Fast Food, Facsimile, Film and Developing, Fish, Furniture and Household Goods, Futons, Gambling, Game Rooms, Garbage, Gas, Gifts, Hair, Hiking/Camping, History, Homesickness, Horseback Riding, Immigration, Immunization, Insurance, Japanese, Jogging, Karaoke, Kerosene, Keys, Laundry, Libraries, Lost and Found, Love Hotels, Magazines, Mail, Martial Arts, Movie Theater, Museums, Music, Newspapers, Onsen, Pizza, Restaurants, Scholarships, Shoes, Sightseeing in Odawara, Skiing, Sports/Fitness Centers, Sports Equipment, Sumo, Supermarkets, Taxes, Taxis, Telephone, Television, Tennis, Theater, Trains, Travel, Video Rental, Water Sports, Zoos VI.
    [Show full text]
  • Shibuya City Industry and Tourism Vision
    渋谷区 Shibuya City Preface Preface In October 2016, Shibuya City established the Shibuya City Basic Concept with the goal of becoming a mature international city on par with London, Paris, and New York. The goal is to use diversity as a driving force, with our vision of the future: 'Shibuya—turning difference into strength'. One element of the Basic Concept is setting a direction for the Shibuya City Long-Term Basic Plan of 'A city with businesses unafraid to take risks', which is a future vision of industry and tourism unique to Shibuya City. Each area in Shibuya City has its own unique charm with a collection of various businesses and shops, and a great number of visitors from inside Japan and overseas, making it a place overflowing with diversity. With the Tokyo Olympic and Paralympic Games being held this year, 2020 is our chance for Shibuya City to become a mature international city. In this regard, I believe we must make even further progress in industry and tourism policies for the future of the city. To accomplish this, I believe a plan that further details the policies in the Long-Term Basic Plan is necessary, which is why the Industry and Tourism Vision has been established. Industry and tourism in Shibuya City faces a wide range of challenges that must be tackled, including environmental improvements and safety issues for accepting inbound tourism and industry. In order to further revitalize the shopping districts and small to medium sized businesses in the city, I also believe it is important to take on new challenges such as building a startup ecosystem and nighttime economy.
    [Show full text]
  • 24Th Fiscal Period Results (January 1, 2015 to June 30, 2015) Invincible Investment Corporation
    24th Fiscal Period Results (January 1, 2015 to June 30, 2015) August 27, 2015 Invincible Investment Corporation Investment Invincible Corporation TSE Code: 8963 http://www.invincible‐inv.co.jp/eng/ Table of Contents Page Title Page Title 2 Table of Contents 32 ・Significant Improvement of Market Recognition 3 1H 2015 Highlights and 2015‐16 Forecast 33 ・Value Creation Track Rec ord 4 ・Executive Summary 34 Overview of Properties Acquired in February, July and August 2015 7 Continuous and Robust DPU Growth 35 ・Overview of Acquisition 8 ・Robust Growth of DPU 54 Appendix 9 ・ADR/DPU Sensitivity Analysis 55 ・Inc o me Statement 10 Global Offering (Imple mented on July 16, 2015) 56 ・Balance Sheet 11 ・Offering of Global Public Offering (July 16, 2015) 58 ・Cash Flow Statement / Financ ial Statements pertaining to Distribution of Monies 12 ・Significant Growth of Portfolio 59 ・Forecast fo r 2015 and 2016 (as of Aug. 26, 2015) 13 ・Overview of Portfolio 60 ・24th Fiscal Period Results – comparison with 23rd Fiscal Period 14 ・Continuous Impro v e me nt of Financial Condition 61 ・Financ ial Metrics 15 Robust Organic Growth of Hotel Assets 62 ・Overview of Borrowings (as of the end of Jun. 2015 / Aug. 28, 2015) 16 ・Robust Performance of Hotel Assets ‐ Strong ADR / GOP Growth 63 ・LTV based on Appraisal Value by Loans 17 ・Key Operational Data fo r Hotel Properties 64 ・Portfolio Characteristics 19 ・Competitive Advantages over Other Hotel J‐REITs 65 ・Overview of Unitholders 20 Stronger Fundamentals fo r Hospitality Sector 66 ・Portfolio List as of the end of Jun. 2015 (Performance by Properties, etc.) 24 Future Growth Opportunity 80 ・Appraisal Value & Book Value as of the end of Jun.
    [Show full text]
  • Tokyo Subway Ticket
    17-100 October 11, 2017 Tokyo Metro will expand the number of locations where its “Tokyo Subway Ticket” special passenger tickets for foreign visitors to Japan can be purchased! Also available for purchase at certain Tokyo Metro commuter pass sales counters starting Monday, October 16, 2017 Starting Monday, October 16, 2017, Tokyo Metro Co., Ltd. (Head Office in: Taito Ward, Tokyo; President: Akiyoshi Yamamura; “Tokyo Metro” below) will make its “Tokyo Subway Tickets,” which allow foreign visitors to Japan to take unlimited rides on all nine Tokyo Metro lines and all four Toei Subway Lines for a total of thirteen lines, available for purchase at certain Tokyo Metro commuter pass sales counters in addition to preexisting sales locations. Until now, these special passenger tickets were only available for purchase at the likes of locally-based travel agencies overseas, airports, hotels and certain traveler information centers. Based on the results of a questionnaire administered to foreign visitors to Japan in which many of them cited their desire to purchase Tokyo Subway Tickets in stations, Tokyo Metro has elected to offer the tickets for purchase at certain commuter pass sales counters Going forward, Tokyo Metro will continue endeavoring to make its railway services more convenient to use for foreign visitors to Japan. For details, please see the below. 1. Commuter Pass Sales Counters Where Tokyo Subway Tickets Are Available for Purchase (15 Locations Across 14 Stations) Ueno Station, Nihombashi Station, Ikebukuro Station, Ginza Station, Shimbashi Station, Shinjuku Station, Ebisu Station, Iidabashi Station, Takadanobaba Station, Akasaka-mitsuke Station, Meiji-jingumae Station <Harajuku>, Shin-ochanomizu Station, Otemachi Station and Tokyo Station *At Ikebukuro Station, Tokyo Subway Tickets can be purchased at the commuter pass sales corners for both the Marunouchi Line and the Yurakucho Line.
    [Show full text]
  • Area Locality Address Description Operator Aichi Aisai 10-1
    Area Locality Address Description Operator Aichi Aisai 10-1,Kitaishikicho McDonald's Saya Ustore MobilepointBB Aichi Aisai 2283-60,Syobatachobensaiten McDonald's Syobata PIAGO MobilepointBB Aichi Ama 2-158,Nishiki,Kaniecho McDonald's Kanie MobilepointBB Aichi Ama 26-1,Nagamaki,Oharucho McDonald's Oharu MobilepointBB Aichi Anjo 1-18-2 Mikawaanjocho Tokaido Shinkansen Mikawa-Anjo Station NTT Communications Aichi Anjo 16-5 Fukamachi McDonald's FukamaPIAGO MobilepointBB Aichi Anjo 2-1-6 Mikawaanjohommachi Mikawa Anjo City Hotel NTT Communications Aichi Anjo 3-1-8 Sumiyoshicho McDonald's Anjiyoitoyokado MobilepointBB Aichi Anjo 3-5-22 Sumiyoshicho McDonald's Anjoandei MobilepointBB Aichi Anjo 36-2 Sakuraicho McDonald's Anjosakurai MobilepointBB Aichi Anjo 6-8 Hamatomicho McDonald's Anjokoronaworld MobilepointBB Aichi Anjo Yokoyamachiyohama Tekami62 McDonald's Anjo MobilepointBB Aichi Chiryu 128 Naka Nakamachi Chiryu Saintpia Hotel NTT Communications Aichi Chiryu 18-1,Nagashinochooyama McDonald's Chiryu Gyararie APITA MobilepointBB Aichi Chiryu Kamishigehara Higashi Hatsuchiyo 33-1 McDonald's 155Chiryu MobilepointBB Aichi Chita 1-1 Ichoden McDonald's Higashiura MobilepointBB Aichi Chita 1-1711 Shimizugaoka McDonald's Chitashimizugaoka MobilepointBB Aichi Chita 1-3 Aguiazaekimae McDonald's Agui MobilepointBB Aichi Chita 24-1 Tasaki McDonald's Taketoyo PIAGO MobilepointBB Aichi Chita 67?8,Ogawa,Higashiuracho McDonald's Higashiura JUSCO MobilepointBB Aichi Gamagoori 1-3,Kashimacho McDonald's Gamagoori CAINZ HOME MobilepointBB Aichi Gamagori 1-1,Yuihama,Takenoyacho
    [Show full text]
  • Access to Mori Art Museum / Roppongi Hills Observation Deck Tokyo City View / Mori Arts Center Gallery
    Access to Mori Art Museum / Roppongi Hills Observation Deck Tokyo City View / Mori Arts Center Gallery Tokyo Metro Namboku Line Tokyo Metro Hibiya Line Keisei Skyliner Narita Airport e Lin Nippori JR Narita Express ote an am Ueno Y R J Akihabara Shinjuku Tokyo Tokyo Metro Chiyoda Line Tokyo Metro Harajuku Nogizaka Hibiya Marunouchi Line Tokyo Metro Hibiya Line Roppongi Ginza Shibuya Grand Hyatt Tokyo Tokyo Metro Ginza Line Limousine Buses Ebisu Roppongi Hills Shimbashi Azabu-Juban Meguro Daimon Toei-Oedo Line Limousine Buses Shinagawa Hamamatsucho Keikyu Airport Ltd. Express Haneda Tokyo Monorail Airport From羽田空港 main stations to the station nearest to Roppongi Hills From the nearest station to each facilities Tokyo Metro Tokyo Metro approx. Tokyo Station Ginza Station Roppongi Station Marunouchi Line Hibiya Line 15 min ● 3-minute walk from Tokyo Metro Hibiya Line “Roppongi Station” Exit 1C (direct access to Roppongi Hills through concourse) ● 6-minute walk from Toei Subway Oedo Line “Roppongi JR Yamanote Tokyo Metro approx. Shinagawa Station Ebisu Station Roppongi Station Station” Exit 3 Outer Loop Line Hibiya Line 20 min ● 9-minute walk from Toei Subway Oedo Line “Azabu-juban Station” Exit 7 ● 12-minute walk from Tokyo Metro Namboku Line “Azabu- Tokyo Metro Tokyo Metro approx. juban Station” Exit 4 Shimbashi Station Ginza Station Roppongi Station ● 10-minute walk from Tokyo Metro Chiyoda Line “Nogizaka Ginza Line Hibiya Line 15 min Station” Exit 5 Access by Air ● Trains JR Narita Express Toei-Oedo Line Route 1 Narita Airport Shinjuku Station Change Roppongi Station approx. From Narita Airport 110 minutes Keisei Skyliner Tokyo Metro Hibiya Line Route 2 Narita Airport Keisei Ueno Station Change Roppongi Station each way ● Limousine Buses Airport limousine buses stop at the Grand Hyatt Tokyo, within the Roppongi Hills complex.
    [Show full text]
  • Prince Smart Inn - Hotels for the Contemporary Trave Ller
    March 2018 Prince Hotels Prince Smart Inn - hotels for the contemporary trave ller Open ing in Summer 2020, Ebisu, Tokyo In Summer 2020, Prince Hotels, Inc. will commence operation of the Prince Smart Inn Ebisu, a hotel for the contemporary travel ler to be located in Ebisu, Tokyo. This is our first announcement of a new brand named “Prince Smart Inn .” The hotel will be situated approximately five minutes’ walk from Ebisu Station, which is one stop away from Shibuya Station, a popular tourist area. It will have 82 guest rooms, and provide cutting -edge smart services that utilize technologies such as ICT and AI, realizing the brand concept of “innovative hotels, specialized for accommodation .”.” WeWe planplan forfor thethe hotelhotel toto serveserve asas aa basebase forfor tourismtourism inin TokyoTokyo thatthat meet s the needs of both inbound and domestic tourists. Prince Smart Inn is a new brand for the co ntemporary traveller by Prince Hotels . We plan to extend the brand from the Tokyo metropolit an area, to regional major cities, other areas with bullet train stations and airports within Japan . We aim to provide a pleasant stay for our guests using innovative facilities and services, and meet the changing needs of the modern age arising fromfrom trendstrends suchsuch asas the increase of inbound tourism and the growth of the “digital native” generation. Exterior illustration (hotel wing on building right) Hotel logo ≪For further information, Please contact ≫ Prince Hotels Inc. Public Relations Dept. - - / - - TEL: +81 -(0)3 5928 1154 FAX: +81 -(0)3 5928 1514 http://www.princehotels.com/ Prince Smart Inn Ebisu: Overview [Name] Prince Smart Inn Ebisu [Planned opening] Summer 2020 [Address ] 3-48-7 Ebisu -Minami, Shibuya -ku , Tokyo [Access ] [Rail] Approx.
    [Show full text]
  • Acquisition Release (11/14/2014)
    Creating peace of mind through honest and committed management. November 14, 2014 REIT Issuer Ichigo Real Estate Investment Corporation (8975) 1-1-1, Uchisaiwaicho, Chiyoda-ku, Tokyo Representative: Yoshihiro Takatsuka, Executive Director Asset Management Company Ichigo Real Estate Investment Advisors Co., Ltd. Representative: Wataru Orii, President & Representative Statutory Executive Officer Inquiries: Minoru Ishihara, Executive Vice President & Statutory Executive Officer Tel: 03-3502-4891 Asset Acquisitions and Sales Ichigo Real Estate Investment Advisors Co., Ltd. (“IRE”), the asset management company of Ichigo Real Estate Investment Corporation (“Ichigo REIT”), has decided to acquire 11 assets (total acquisition price 26,754,600,000 yen) and sell 15 assets (total sales price 16,520,000,000 yen). I. General Overview 1. Acquisition Summary (Total appraisal value: 27,220,000,000 yen, Total acquisition price: 26,754,600,000 yen) O-53 O-51 O-52 O-54 Ichigo Asset Name Ebisu Ichigo Omori Ichigo Omiya Takadanobaba (Note 1) Green Glass Building Building Building Asset Type Office Office Office Office Date Built October 2009 July 1992 September 1993 November 1986 Trust beneficiary Trust beneficiary Trust beneficiary Trust beneficiary interest in real estate Ownership interest in real estate interest in real interest in real estate (juekiken) (juekiken) estate (juekiken) (juekiken) (sectional ownership) Appraisal Value 5,940,000,000 yen 3,920,000,000 yen 1,630,000,000 yen 3,520,000,000 yen Acquisition 5,900,000,000 yen 3,850,000,000 yen 1,580,000,000 yen 3,430,000,000 yen Price (Note 2) Takadanobaba Seller Ebisu Holdings GK Omori Holdings GK Omiya Holdings GK Holdings GK Contract Date November 14, 2014 November 14, 2014 November 14, 2014 November 14, 2014 Closing Date December 10, 2014 December 15, 2014 December 15, 2014 December 10, 2014 (expected) Financing Method (Note New share issuance, borrowing, and cash-on-hand (Expected) 6) Settlement Lump-sum payment Method Disclaimer: This translation is for informational purpose only.
    [Show full text]
  • Jr East Group Csr Report 2016
    JR East Group CSR Report 2016 Aiming for a Sustainable Society JR EAST GROUP CSR REPORT 2016 CONTENTS Society Group Philosophy/Basic Principles/ Ⅱ-2 Relationship with Society …………………………66 Corporate Profile/Editorial Policy …………………………… 3 Ⅱ-2-1 Life-style Business of JR East ………………………66 Top Message …………………………………………………… 4 Ⅱ-2-2 Strengthening Collaboration JR East Group Management Vision V with Communities and Local Revitalization …… 66 ― Ever Onward ― …………………………………………… 6 Ⅱ-2-3 Rediscover the Region Project ……………………68 GRI Content Index (General Standard Disclosures) …10 Special For Regional Revitalization Topic Ⅲ Materiality (material aspects) and 〜"Oyatsu TIMES"〜 …………………………………70 Key CSR Activities of the JR East Group …………………12 Ⅱ-2-4 Childcare Support Services HAPPY CHILD PROJECT …72 GRI Content Index (Specific Standard Disclosures) …… 14 Ⅱ-2-5 Development of COTONIOR ………………………73 JR East Stakeholders …………………………………………15 Ⅱ-2-6 Cultural Activities ……………………………………73 Safety Ⅱ-2-7 Developing Our Business around the World …74 Ⅰ-1 Our fundamental concept of safety ………………17 Ⅰ-1-1 General principles of Safety ………………………17 Ⅱ-3 Relationship with Employees ……………………80 Ⅰ-1-2 Group Safety Plan 2018 ……………………………18 Ⅱ-3-1 Demonstrating the power of human resources ……80 Ⅰ-1-3 Group Safety Plan 2018 4pillars Ⅱ-3-2 Promotion of Diversity Management ……………81 ① Ingraining the cultures of safety ……………19 Ⅱ-3-3 To Improve Working Environment ……………………85 Ⅰ-1-4 Group Safety Plan 2018 4pillars Special Employee Development Initiatives ………………86 Topic Ⅳ ② Improving safety management
    [Show full text]
  • Asset Acquisitions and Sales Presentation
    Asset Acquisitions and Sales Presentation November 14, 2014 Ichigo Real Estate Investment Corporation Ichigo Real Estate Investment Advisors Co., Ltd. © 2014 Ichigo Real Estate Investment Advisors Co., Ltd. Ichigo Real Estate Investment Corporation All rights reserved. www.ichigo-reit.co.jp/english This document is a summary of “Issuance of New Shares and Secondary Share Offering,“ “Asset Acquisitions and Sales,” and “Earnings and Dividend Forecast Revisions for the October 2014 and April 2015 Fiscal Periods” releases from November 14, 2014. The forecasts presented in this document are based on certain preconditions. The actual operating revenue, operating income, recurring profit, net income, and dividend per share may vary due to changes in circumstances . TThesehese forecasts should not be construed as a guarantee of such performance or results. For details of the preconditions and calculations, please refer to the releases. The forecast dividend per share is an assumption based on current earnings and the actual value may vary due to changes in circumstances and audit by the accounting firm. The forecast should not be construed as a guarantee of such performance. © 2014 Ichigo Real Estate Investment Advisors Co., Ltd. Ichigo Real Estate Investment Corporation All rights reserved. 2 Ichigo REIT Updated Growth Strategy Stage I/II Stage III Stage IV Stage V 2011/10 2013/10 2014/4 2014/10 2015/4 2015/10 2016/4 2016/10 5th period post merger 6th period post merger 7th period post merger 8th period post merger 9th period post merger 10th
    [Show full text]