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Jones Lang LaSalle was invited to participate in a competitive pitch to act as exclusive sell-side advisor to Yaesu One TMK and was subsequently appointed to the role. The Nikko Building is located in Nishi Shinjuku 1-chome close to Shinjuku Station, comprising 11 levels above ground and two basement levels for a total lettable area of 10,300 sqm.
We conducted a comprehensive marketing campaign via the Japan team and using our global Capital Markets network to attract the most aggressive capital to the opportunity. The property was acquired for approximately JPY19 billion by RREEF Alternative Investments for the account of its open-ended fund grundbesitz global.