Keihanshin Building Co., Ltd. announced that it has acquired the following fixed asset. In promoting its Long-Term Business Plan, the Company has established the management policy of strengthening its assets in the Tokyo Metropolitan area. As part of this, it has acquired a commercial building in the central Tokyo Metropolitan area.

The building faces Kaminarimon in front of Asakusa Station on the Tokyo Metro Ginza Line, and boasts outstanding visibility and convenience. In addition, it is in a famous tourist location that is expected to become even more lively with Japanese and overseas tourists in the post-COVID-19 era. Going forward, the Company will continue in its efforts to aim to expand its lineup of valuable assets with a view to further enhancing its corporate value.

Overview of the acquired asset: Address: 1-1-2 Asakusa, Taito-ku, Tokyo; Land area: 266.08 m2 (80.48 tsubo); Building specs: made from reinforced concrete, 7 floors above ground and 1 below ground, includes stores; Total floor area: 1,723.66 m2 (521.40 tsubo). Date of acquisition: June 22, 2023.