Investments
 

Yakuin Fukuoka
 
Location Fukuoka, Japan
Date acquired MGP Fund II entered agreement in February 2007
Investment type Office and retail development
Description

This development will have seven floors of office space and a ground floor area allocated to retail space and has a gross floor area (GFA) of 10,223m².  Well located in one of the busiest commercial and shopping districts in Fukuoka it has excellent access to train and subway stations which are only two minutes walk from the building. 

Investment strategy Acquire a well located property in a regional city in Japan which is experiencing good growth in both the office and retail sectors.  Lease up the space in a growing rental market and sell into an improving capital market once the occupancy is stabilised. 
Contact

Shigeaki Shigemasa
Tokyo, Japan

   
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