FINANCIAL PARTNERS GROUP CO.,LTD. March 24, 2022 | |
Company: | Financial Products Group Co., Ltd. |
Representative: | Hisanaga Tanimura, CEO & Founder |
(Code 7148 on the First Section of the Tokyo Stock Exchange) | |
Inquiries: | Hiroshi Sakurai, Executive Officer and General |
Manager of Corporate Planning Dept. | |
(TEL. +81352885691) |
Notice Regarding Completion of Acquisition of Real Estate for the Real Estate Fractional Ownership
Investment (Premium Asset Series)
Financial Products Group Co., Ltd. (FPG) announces that we have today acquired the commercial real estate in Shinjuku, Shinjukuku, Tokyo, for the arrangement of the real estate fractional ownership investment product "Premium Asset Series." The Premium Asset Series has utilized the trust beneficiary right of FPG Trust Co., Ltd., the wholly owned subsidiary. In addition, it is highly appreciated by customers who aim for asset succession and asset management since it enables smalllot investment of 10 million yen or more for real estate in a prime location of central Tokyo and major cities in Japan.
The real estate we have acquired in this time is a commercial real estate located in a good place, 3 minutes on foot from the southeast exit of JR Shinjuku Station and 2 minutes on foot from the E6 exit of Shinjukusanchome Station on the Tokyo Metro Marunouchi Line, Fukutoshin Line, and Toei Shinjuku Line.
In the Shinjuku area, we arranged the FPG links SHINJUKU in 2017, and the FPG links SHINJUKU Terrace in 2020. These properties were already sold out, and this property is the third acquisition for arranging the real estate fractional ownership investment product in this area.
Shinjuku Station is a huge terminal station, which a total 11 lines of five companies (JREAST, Odakyu Electric Railway, Keio Railway, Tokyo Metro, and Toei Subway) are on board, and the average number of passengers a day exceeds 1.66 million (*1). In addition, at the south exit of Shinjuku Station, Japan's largest highspeed bus terminal "Shinjuku Expressway Bus Terminal," opened in 2016. This bus terminal offers up to 1,720 daily arrivals and departures between Narita Airport, Haneda Airport, and approximately 300 cities of 39 prefectures in Japan. So, Shinjuku Station is one of Japan's leading transportation hubs of trains and buses.
The area around the southeast exit of Shinjuku Station, where the property is located, is lined with large commercial facilities such as the Takashimaya Times Square and the NEWoMan SHINJUKU, which are the landmarks of this area, as well as sports brand shops, apparel shops, and outdoor shops. It is a commercial area where many people gather and bustle constantly.
The property is a commercial building with a distinctive appearance, located in a good location across the road from the Takashimaya Times Square. The tenant of this property is a directly managed store of a famous sports shoe manufacturer that is popular with a wide range of age groups in Japan and overseas.
FPG will continue to aggressively acquire the real estate with a high ability to attract in a favorable location of the city center and provide new real estate investment opportunities to our customers nationwide. Also, we will strive to develop new products that take advantage of our group's synergy.
Summary of the property
Property Name: FPG links SHINJUKU South (*2)
Location: 4324 Shinjuku, Shinjukuku, Tokyo
Access: 3 minutes on foot from the southeast exit of JR Shinjuku Station
2 minutes on foot from the E6 exit of Shinjukusanchome Station on the Tokyo Metro Marunouchi Line, Fukutoshin Line, and Toei Shinjuku Line
Land Area: 132.46 sqm (Registered record area)
Total Floor Area: 246.46 sqm (Registered record area)
Structure: Steelframed flat roof 3 stories above ground
Use: Stores
Year of completion: August 2006
*1. Total figures published in 2020 on the websites of JREAST, Odakyu Electric Railway, Keio Railway, Tokyo Metro and Bureau of Transportation Tokyo Metropolitan Government.
*2.The property name will be changed to " FPG links SHINJUKU South" from the current name "No.3 (Dai san) sky building."
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Financial Products Group Co. Ltd. published this content on 24 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 06:17:07 UTC.
