Dear Investors,<\/p>\n
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Koseinenkin Kaikan (= a convention hall built by Japan’s welfare pension program\u00a0for corporate employees)\u00a0 has been on an auction since December 1st, 2009; and Yodobashi Kamera (= a mega electrics retail shop with a nation-wide network of shops) has won the bid at 12,000,000,000 yen on February 12th, 2010.<\/p>\n
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Shinjuku Koseinenkin Kaikan has been in business since April 15th, 1961, and has been functioning as a hotel, a restaurant, and a multi-purpose convention hall which has staged music concerts of domestic and world-famous musicians.\u00a0<\/p>\n
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Yodobashi Kamera is planning to make the facility be a museum of cameras.<\/p>\n
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The purchase may create new foot traffic because Yodobashi Kamera is well known and the real estate is only 10-min walk away from Shinjuku station.\u00a0\u00a0<\/p>\n
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Economic activities in eastern regions of Shinjuku may grow further and accelerate faster due not only to the on-going land development in Shinjuku 7 chome but also to the Yodobashi Kamera’s purchase of a prime property.<\/p>\n
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Best regards,<\/p>\n
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\u00a0<\/p>\n
Minato Asset Management<\/p>\n
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The Japan’s organization for welfare pension is going to use\u00a0the hall till March 31st, 2010.<\/p>\n","protected":false},"excerpt":{"rendered":"
Dear Investors, \u00a0 \u00a0 Koseinenkin Kaikan (= a convention hall built by Japan’s welfare pension program\u00a0for corporate employees)\u00a0 has been on an auction since December 1st, 2009; and Yodobashi Kamera (= a mega electrics retail shop with a nation-wide network of shops) has won the bid at 12,000,000,000 yen on February 12th, 2010. \u00a0 \u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61,3,4],"tags":[158,9,14,499,159,62,497,498],"class_list":["post-1768","post","type-post","status-publish","format-standard","hentry","category-shinjuku-ku","category-tokyo-real-estate-market","category-tokyo-real-estate-view","tag-development","tag-investment","tag-investment-in-tokyo","tag-pension","tag-real-estate-investment","tag-shinjuku","tag-shinjuku-koseinenkin","tag-welfare-pension"],"_links":{"self":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/1768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1768"}],"version-history":[{"count":8,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/1768\/revisions"}],"predecessor-version":[{"id":1776,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/1768\/revisions\/1776"}],"wp:attachment":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}