{"id":362,"date":"2009-09-01T04:58:55","date_gmt":"2009-09-01T09:58:55","guid":{"rendered":"http:\/\/www.privatebanking.com\/blog\/?p=362"},"modified":"2009-09-02T05:00:22","modified_gmt":"2009-09-02T10:00:22","slug":"japan-world-class-real-estate-opportunities","status":"publish","type":"post","link":"https:\/\/www.privatebanking.com\/blog\/2009\/09\/01\/japan-world-class-real-estate-opportunities\/","title":{"rendered":"Japan: World Class Real Estate Opportunities"},"content":{"rendered":"<p align=\"left\">We are <strong>&#8220;Asterisk Realty&#8221;, Tokyo&#8217;s premier boutique real  estate brokerage firm<\/strong> servicing international investors.<\/p>\n<p align=\"left\">We will participate in <strong>Expo Real 2009 in Munich, Germany.  (Oct. 5th to Oct. 7th)<\/strong><br \/>\nWe will be pleased to meet and discuss with  you there , if you will participate in Expo Real 2009<br \/>\nand we will have  road shows for our north american clients in <strong>New York, USA in September  2009<\/strong>.<br \/>\nPlease contact us, if we have any chance to introduce you our  world class japanese real estate market and deals during <strong>Sep.16th to  Sep.22nd<\/strong>.<\/p>\n<p align=\"left\"><strong>-Selected Properties-<\/strong><\/p>\n<p align=\"left\"><strong>*Commercial Properties:<\/strong><\/p>\n<p align=\"left\">Central Tokyo A-Grade Retail Building (deal from bankruptcy  trustee)<br \/>\nCompleted : 2008<br \/>\nNo. of floor: 5<br \/>\nNRA: 1,700m2<br \/>\nOccupancy :  100%<br \/>\nAsking price : JPY 2,500,000,000<br \/>\nNet Operating Income \/ Cap Rate :  7.00%<\/p>\n<p align=\"left\">Aoyama, Tokyo A-Grade Commercial Complex Building (deal from  bankruptcy trustee)<br \/>\nCompleted : 2005<br \/>\nNO. of floor: B1 + 5 floors (world  class boutiques, retails&amp;SOHO)<br \/>\nOccupancy : 95%<br \/>\nAsking Price : JPY  4,200,000,000<br \/>\nEstimated NOI : JPY 295,000,000<br \/>\nNet Operating Income \/ Cap  Rate : 7.00% +<\/p>\n<p align=\"left\">Aoyama, Tokyo A-Grade Office Building<br \/>\nCompleted : 2009<br \/>\nNo.  of floor: 8<br \/>\nNRA: 5,000m2<br \/>\nAsking Price : JPY 14,000,000,000-<br \/>\nExpected  Net Operating Income \/ Cap Rate : 5.00%<\/p>\n<p align=\"left\"><strong>*Hotel \/ Resort Properties:<\/strong><\/p>\n<p align=\"left\">Central Tokyo Mid-Price Hotel<br \/>\nCompleted : 2008<br \/>\nNRA: 5,800m2  (250 rooms)<br \/>\nCurrent asking price: JPY 3,800,000,000<br \/>\nNet Operating Income \/  Cap Rate : 6.00%<\/p>\n<p align=\"left\">Luxury Resort Hotel in Hakone<br \/>\nCompleted : 2006<br \/>\nType : luxury  hotel and spa resort<br \/>\nNo. of rooms : 80<br \/>\nCurrent asking price: JPY  5,000,000,000-<\/p>\n<p align=\"left\">World Class Theme park Official Hotel, High-Grade<br \/>\nCompleted :  2007<br \/>\nType : Up-scale \/ Full-service Hotel,<br \/>\nOccupancy : 90-95% average  occupancy rate.<br \/>\nNo. of guest rooms : 400+<br \/>\nAsking Price : JPY  20,000,000,000-<br \/>\nNet Operating Income \/ Cap Rate : 6.00%+<\/p>\n<p align=\"left\">(We are dealing development sites for luxury resort development  such as destination club and etc,, too. please contact us for resort development  in Japan.)<\/p>\n<p align=\"left\"><strong>*Residential Properties:<\/strong><\/p>\n<p align=\"left\">Central Tokyo Residential Apartment (deal from bankruptcy  trustee)<br \/>\nCompleted : 2006<br \/>\nNO. of unit: 30<br \/>\nBuilding Area: 1,230m2 NRA:  1,110m2<br \/>\nPrevious asking price 2008 : JPY 700,000,000<br \/>\nCurrent asking price:  JPY 520,000,000<br \/>\nNet Operating Income \/ Cap Rate : 8.10%<\/p>\n<p align=\"left\">Central Tokyo A-Grade Residential Apartment<br \/>\nCompleted :  2006<br \/>\nNO. of unit : 126 (95% occupancy)<br \/>\nNRA: 5,000m2<br \/>\nCurrent asking  price: JPY 4,400,000,000<br \/>\nNet Operating Income \/ Cap Rate : 6.50%<\/p>\n<p align=\"left\">Central Tokyo Residential Apartment (deal from bankruptcy  trustee)<br \/>\nCompleted : 2005<br \/>\nNO. of unit : 66<br \/>\nNRA: 4,500m2<br \/>\nOccupancy :  95% occupancy<br \/>\nCurrent asking price: JPY 3,650,000,000-<br \/>\nNet Operating  Income \/ Cap Rate : 6.50%<\/p>\n<p align=\"left\">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.<\/p>\n<p align=\"left\">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.<\/p>\n<p align=\"left\">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.<\/p>\n<p align=\"left\">We specialize but are not limited to niche properties such as  hotels, distressed properties, non-performing loans and Private Equity  deals.<\/p>\n<p align=\"left\">Also, we introduce reliable and professional legal  advisor,accounting firm,financial lender..whatever foreign investors need in  Japan.<\/p>\n<p align=\"left\">Let Asterisk know how we can help you today.<\/p>\n<p align=\"left\">Please contact Brian or Ito at 81-3-3263-9909 or reply to  <strong><a title=\"mailto:info@asteriskrealty.jp\" href=\"mailto:info@asteriskrealty.jp\">info@asteriskrealty.jp<\/a><\/strong><\/p>\n<p align=\"left\">Sincerely yours<\/p>\n<p align=\"left\">Yukihiko Ito<br \/>\nAsterisk Realty Inc,<br \/>\nKioicho 3-29 , Gl\u00fcckheim  Suite 2003<br \/>\nChiyoda-ku, Tokyo<br \/>\ntel +81-3-3263-9909<br \/>\nfax  +81-3-3263-9908<br \/>\ncell +81-90-8343-4911<br \/>\n<a title=\"http:\/\/www.asteriskrealty.jp\/\" href=\"http:\/\/www.asteriskrealty.jp\/\">www.asteriskrealty.jp<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are &#8220;Asterisk Realty&#8221;, Tokyo&#8217;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 &#8230; <a title=\"Japan: World Class Real Estate Opportunities\" class=\"read-more\" href=\"https:\/\/www.privatebanking.com\/blog\/2009\/09\/01\/japan-world-class-real-estate-opportunities\/\" aria-label=\"Read more about Japan: World Class Real Estate Opportunities\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/posts\/362"}],"collection":[{"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/comments?post=362"}],"version-history":[{"count":5,"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/posts\/362\/revisions"}],"predecessor-version":[{"id":367,"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/posts\/362\/revisions\/367"}],"wp:attachment":[{"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/media?parent=362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/categories?post=362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.privatebanking.com\/blog\/wp-json\/wp\/v2\/tags?post=362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}