PrivateBanking.com BLOG

We are “Asterisk Realty” in Tokyo, Japan; a premier boutique real estate brokerage firm servicing especially foreign institutional investors. We believe that it is advantageous to the keen investor to be watchful of Japans distressed property market which is why we have decided to contact you.

Since our company has formidable connections to on/off market high NW properties (Some with NOIs at 8-9%) we are seeing great investment opportunities as some friends in Japanese REITs, funds and developers are facing economic difficulties and relieving some of their investment portfolios (our properties range from USD2.5 Million to USD250 Million) at historically low prices.

Please view our new website for more information www.asteriskrealty.jp.

We are working with investors currently seeking to expand their real estate portfolio. it is becoming more ideal to enter the urban Japanese real estate market than the past. For your reference, we have listed below selected commercial properties that we believe may fit your criteria.

Thank you for your time,

Yukihiko Ito , Asterisk Realty Inc,
Kioicho 3-29 , Glückheim Suite 2003 Chiyoda-ku, Tokyo
Mail : yito@asteriskrealty.jp
tel +81-3-3263-9909   fax +81-3-3263-9908   cell +81-90-8343-4911
URL : www.asteriskrealty.jp

Selected Properties:

Disney Resort Official Hotel (90+ occupancy rate , Off market completed March 2007)
Building Area; – NRA: – (425-450 rooms)
Previous asking price: USD 216,494,000 (JPY 21,000,000,000)
Current asking price: Off market/Negotiable
Net Operating Income: 6%
Selling reason: Undisclosed

Central Tokyo Office Building (Completed 1991)
Building Area; 19,400m2 NRA: 12,900m2
Previous asking price: USD 137,319,000 (JPY 13,320,000,000)
Current asking price: Negotiable
Net Operating Income: 5.8%
Selling reason: Refinancing for debt

Central Tokyo Office Building (Completed 1978)
Building Area; 5,438m2 NRA: 3,732m2
Previous asking price: USD 51,546,000 (JPY 5,000,000,000)
Current asking price: Negotiable
Net Operating Income: 5.5%
Selling reason: Refinancing for debt

Central Tokyo Residential Apartment (Completed 2007)
NO. of unit : 49 Building Area: 1,425m2 NRA: 1,330m2
Previous asking price 2007: USD 8,762,000 (JPY 850,000,000)
Current asking price: USD 6,701,000 (JPY 650,000,000)
Net Operating Income: 8.83%
Selling reason: Selling by developing party

Central Tokyo Residential Apartment (Completed 2009)
NO. of unit : 35 NRA: 1,350m2 100% occupancy
Previous asking price (before completion) : USD 11,340,000 (JPY 1,100,000,000)
Current asking price: USD 8,762,000 (JPY 850,000,000)
Net Operating Income: 7.00%
Selling reason: Selling by developing party

Central Tokyo Residential Apartment (Completed 2006)
NO. of unit : 126 NRA: 5,000m2 95% occupancy
Current asking price: USD 45,360,000 (JPY 4,400,000,000)
Net Operating Income: 6.50%
Selling reason: Undisclosed