Pick-up Major Transaction -Lietcourt Arx Tower-
Pick-up Major Transaction -Lietcourt Arx Tower-
Lietcourt Arx Tower-exterior (view interior and googlemap)
| Transaction Price | Transaction Date | Feb. 2009 | |
| JPY 13,000,000,000- | Seller | DaVinci Advisors | |
| Buyer | St Martins Property (UK) | ||
| Category | Financial Info | ||
| Type | Residential | Estimated Yield | 5.40% |
| Class | High-End | Remarks | Lender is Tokyo Star Bank |
| Size | Large | Market Data | |
| Property Info | *Market Expexted Yield | 6.0% (Residential , Chuo Area 04.2009) | |
| Name | Lietcourt Arx Tower | Area Data | |
| Address | 3-8-1 Minato , Chuo-ku , Tokyo | Area | Chuo |
| Area | Shintomi-cho | Population | 107,793 |
| Built Year | 2007 | Daily Commuting Population | 647,733 |
| No. of Floors | 27 + B1 Floors | Density of Population / per sq.km | 10,620 / km2 |
| No. of room | 281 | Composition of Land Use | Residenctial 33%,Ｃｏｍｍｅｒｃｉａｌ 61%, Industrial 6% (Chuo ward) |
| Occ. Rate | 91% (Estimated) | Rating (A-E) | |
| NRA | Unknown | Convenience of Location | B |
| Building Area | 29.700m2 | Location Brand | B |
| Land Area | Unknown | Competitveness in Rental market | B |
| Rent / month | JPY 169,000〜980,000 | Competitiveness in investment market | B |
| Size of Rooms | 43.31〜158.17m2 | Value at Asking Price | C |
| Layout | 1R(Studio)-3LDK(3BR) | Future Capital Growth | B |
| Transportation | 5 mins to Shintomicho Station
(Tokyo Metro Yurakucho line) |
Opportunistic | C |
| Parking Space | 94 | Look / Design | B |
Source : Asterisk Research , Nikkei Real Estate