We are “Asterisk Realty”, Tokyo’s premier boutique real estate brokerage firm servicing international investors.
We will participate in Expo Real 2009 in Munich, Germany. (Oct. 5th to Oct. 7th)
We will be pleased to meet and discuss with you there , if you will participate in Expo Real 2009
and we will have road shows for our north american clients in New York, USA in September 2009.
Please contact us, if we have any chance to introduce you our world class japanese real estate market and deals during Sep.16th to Sep.22nd.
-Selected Properties-
*Commercial Properties:
Central Tokyo A-Grade Retail Building (deal from bankruptcy trustee)
Completed : 2008
No. of floor: 5
NRA: 1,700m2
Occupancy : 100%
Asking price : JPY 2,500,000,000
Net Operating Income / Cap Rate : 7.00%
Aoyama, Tokyo A-Grade Commercial Complex Building (deal from bankruptcy trustee)
Completed : 2005
NO. of floor: B1 + 5 floors (world class boutiques, retails&SOHO)
Occupancy : 95%
Asking Price : JPY 4,200,000,000
Estimated NOI : JPY 295,000,000
Net Operating Income / Cap Rate : 7.00% +
Aoyama, Tokyo A-Grade Office Building
Completed : 2009
No. of floor: 8
NRA: 5,000m2
Asking Price : JPY 14,000,000,000-
Expected Net Operating Income / Cap Rate : 5.00%
*Hotel / Resort Properties:
Central Tokyo Mid-Price Hotel
Completed : 2008
NRA: 5,800m2 (250 rooms)
Current asking price: JPY 3,800,000,000
Net Operating Income / Cap Rate : 6.00%
Luxury Resort Hotel in Hakone
Completed : 2006
Type : luxury hotel and spa resort
No. of rooms : 80
Current asking price: JPY 5,000,000,000-
World Class Theme park Official Hotel, High-Grade
Completed : 2007
Type : Up-scale / Full-service Hotel,
Occupancy : 90-95% average occupancy rate.
No. of guest rooms : 400+
Asking Price : JPY 20,000,000,000-
Net Operating Income / Cap Rate : 6.00%+
(We are dealing development sites for luxury resort development such as destination club and etc,, too. please contact us for resort development in Japan.)
*Residential Properties:
Central Tokyo Residential Apartment (deal from bankruptcy trustee)
Completed : 2006
NO. of unit: 30
Building Area: 1,230m2 NRA: 1,110m2
Previous asking price 2008 : JPY 700,000,000
Current asking price: JPY 520,000,000
Net Operating Income / Cap Rate : 8.10%
Central Tokyo A-Grade Residential Apartment
Completed : 2006
NO. of unit : 126 (95% occupancy)
NRA: 5,000m2
Current asking price: JPY 4,400,000,000
Net Operating Income / Cap Rate : 6.50%
Central Tokyo Residential Apartment (deal from bankruptcy trustee)
Completed : 2005
NO. of unit : 66
NRA: 4,500m2
Occupancy : 95% occupancy
Current asking price: JPY 3,650,000,000-
Net Operating Income / Cap Rate : 6.50%
Asterisk believes that the opportunist is watchful of Japans currently distressed property market which is why we offer you current and reliable information about Japans real estate market to aid your decision making process.
Asterisk is a new face among Japanese brokerages forged from combined business experience in hospitality, private equity, and international real estate. Direct access to superior off market properties is our main competitive edge which we would like to share with you.
We are seeing bargain properties for profitable future value as Japanese REITs, private funds and developers are facing insolvency issues and are liquidating some high value investment portfolios at historically low prices. Fortunately, the worst of the recession has passed according to Japanese real estate market trends and we are seeing a sign of market recovery in its early stage.
We specialize but are not limited to niche properties such as hotels, distressed properties, non-performing loans and Private Equity deals.
Also, we introduce reliable and professional legal advisor,accounting firm,financial lender..whatever foreign investors need in Japan.
Let Asterisk know how we can help you today.
Please contact Brian or Ito at 81-3-3263-9909 or reply to info@asteriskrealty.jp
Sincerely yours
Yukihiko Ito
Asterisk Realty Inc,
Kioicho 3-29 , Glückheim Suite 2003
Chiyoda-ku, Tokyo
tel +81-3-3263-9909
fax +81-3-3263-9908
cell +81-90-8343-4911
www.asteriskrealty.jp