#Japan #Tokyo #THE BASE #Zero Renovation #nex Inc.

Introduction

In an innovative move for the real estate sector, nex Inc. has launched their new service called "0+" (Zero Plus), a groundbreaking solution that combines zero-cost renovations with rent guarantees, primarily targeting existing small to medium-sized buildings in urban Tokyo. The aim is to revitalize the office market while providing stable income opportunities for property owners.

Background

As the office stock in Tokyo continues to grow, the labor population is expected to decline post-2025, leading to challenges for older buildings. Many small or aging buildings are experiencing vacancies and require reinvestment to remain competitive. If they fail to adapt, these properties risk becoming "negative real estate." To counteract this trend, nex has developed its "0+" service, which aims to capture tenant needs through renovations while offering flexible rental agreements at zero initial costs. The objective is to enhance property values, thereby ensuring stable and maximized rental income for property owners.

Features of the 0+ Service

This service is unique in providing an "industry first" combination of zero-cost renovations and rent guarantees. This feature allows building owners to renovate their properties without any financial investment while enjoying guaranteed rental income for a certain period. Upon the expiration of the contract, owners can continue to have nex manage their property or transfer existing tenant contracts, allowing them to maintain revenue streams. Unlike other companies offering zero-cost renovations for residential or performance-based rent payments, nex positions itself as a professional provider exclusively specializing in commercial real estate.

About The BASE

nex’s setup office, "The BASE," promises excellent cost-performance coupled with stylish environments across its 14 locations, which have maintained an occupancy rate of over 97% as of April 2025. Most of these properties are over 30 years old, yet they continue to attract tenants thanks to their appealing design and functionality.

Key Advantages of The BASE

1. Cost and Time Efficiency: No key money or security deposits are required, and there are no restoration costs upon exit, allowing important resources to be directed toward business operations.
2. Comfortable, Dedicated Office Spaces: Each floor accommodates a single tenant with thoughtfully designed spaces, including reception areas, meeting rooms, and phone booths suitable for day-to-day business activities.
3. Access to Extensive Facilities: Tenants can utilize over 1,000 workspaces, including nex’s "THE HUB" co-working spaces and partner facilities, on a flexible cost structure.

Future Potential of 0+

While the 0+ service starts as a specialized office management program, there are plans for future expansions that address broader issues like vacant houses, revitalizing shuttered shopping districts, and more diverse property types. The company aims for an annual supply of over 50 properties, pushing towards delivering high-value workspaces, accommodations, residences, and community spaces.

About nex Inc.

• - Company Name: nex Inc.
• - CEO: Takeshi Wakabayashi
• - Location: 105-0003 Tokyo, Minato-ku Nishishinbashi 2-11-6
• - Established: April 3, 2007 (originally founded in May 1999)
• - Capital: ¥368,000,000
• - Employees: 132
• - Office Locations: 97 flexible workspaces, 5 share salons, 964 partner locations
• - Business Focus: Planning, management, and operation of flexible workspaces; buying, leasing, and managing real estate; comprehensive building management; and operating a beauty academy.

For more information, visit nex corporate site.