Invesco buys five buildings in Japan for $452m
Invesco Global Real Estate Asia Pacific, an affiliate managed by Invesco Office J-REIT, has acquired five properties in Japan for $452 million.
The assets include the 462,999-square-foot Shinagawa Seaside East Tower in Tokyo with a sales price of $299.88 million. The seller was not disclosed. It is 100 percent occupied. It is a large-scale complex of office, retail, hotel and high-rise apartment, and directly connects to Shinagawa Seaside station on the Rinkai Line of the Tokyo Waterfront Area Rapid Transit.
Godo Kaisha Eagle Property sold two office buildings: the 74,892-square-foot Akiba CO Building in Tokyo for $74.08 million and the 140,458-square-foot Sendai Honcho Building in Miyagi for $45.85 million.
Godo Kaisha Falcon Property sold the 275,312-square-foot Sun Towers Center Building in Tokyo for $60.67 million. And Godo Kaisha Hawk Property sold the 99,170-square-foot Hakata Prime East in Fukuoka for $41.27 million.