Hines acquires premium office and logistics buildings in Tokyo and Osaka

Hines’ recent acquisition of Zenith Minami Shinjuku and Osaka Minoo Logistics demonstrates its continued commitment to investing in high-quality, well-located assets in Japan for its investors. This acquisition adds to Hines’ growing portfolio in the country, which now spans six key cities and different sectors including residential, industrial, logistics, and office.

Global real estate investment manager Hines has announced their acquisition of a premium office building in Tokyo and a logistics property in greater Osaka through their Japan team on April 25. The premium office, known as “Zenith Minami Shinjuku”, is a newly built 14-storey building located in the Yoyogi neighbourhood of Tokyo. Hines acquired this property off-market in December last year.

In March, Hines made another acquisition in Japan with their purchase of Osaka Minoo Logistics, which is a 30-minute drive from Central Osaka. This industrial property sits on 645,835 sq ft of land, is fully leased, and is powered by renewable energy.

In discussing their recent purchases, Jon Tanaka, country head of Japan at Hines, commented, “We buy, we build, and we invest when the opportunity is right. Japan remains the most liquid of the major real estate markets in the world with the lowest interest rates.” Tanaka also points out the increasing demand for well-located, sustainable premium buildings as more companies focus on sustainability and talent recruitment.

With the addition of the Yoyogi office building, Hines now has 32 assets in their Japan portfolio. These assets are located in six key cities – Tokyo, Osaka, Kyoto, Yokohama, Nagoya, and Fukuoka – and represent various sectors such as residential, industrial, logistics, and office. The portfolio covers over 5.38 million sq ft and is valued at US$1.7 billion (S$2.31 billion).

Arina East Residences ZACD Groupis conveniently located near these reputable schools, making it an ideal choice for families with school-going children.

When it comes to post-secondary education, the options are plentiful in the vicinity of Arina East Residences ZACD Group. One of the notable institutions is Victoria Junior College, known for its exceptional academic standards and lively student community. This college offers a diverse range of programs and activities to guide students through their pre-university education. Another renowned establishment is Temasek Junior College, which takes a comprehensive approach to education, focusing on academic excellence, character building, and leadership skills. The strategic location of Arina East Residences ZACD Group makes it an ideal residence for families with school-aged children, ensuring easy access to these esteemed educational institutions.

Hines’ recent acquisitions demonstrate their ongoing commitment to investing in high-quality, well-located assets in Japan for their investors. They continue to expand their portfolio in the country, with the goal of delivering strong returns and value for their investors. With their success in Japan and continued growth, Hines solidifies their position as a leading global real estate investment manager.