Roadstar Capital Acquires KDX Higashi-Shinagawa Building in Tokyo

Roadstar Capital Acquires KDX Higashi-Shinagawa Building

Roadstar Capital, headquartered in Chuo, Tokyo, has successfully acquired the KDX Higashi-Shinagawa Building, strategically located in Shinagawa ward, Tokyo. The acquisition, which will become effective on May 16, 2025, marks a significant addition to Roadstar's real estate assets, aligning with the company's mission to merge real estate with technology.

Property Overview

Location and Accessibility

The KDX Higashi-Shinagawa Building, prominently positioned at 4-10-13 Higashi-Shinagawa, features excellent visibility and accessibility. It is just a 5-minute walk from the Rinkai Line's Shinagawa Seaside Station and is also conveniently located near several other major railway stations, including Aomonoyokocho and Samezu on the Keihin Kyuko Line, as well as Oimachi Station which connects to the Keihin Tohoku Line and Tokyu Oimachi Line. This optimal location allows for rapid transit to major hubs such as Shibuya, Shinagawa, Shinjuku, and Tokyo stations, providing tenants efficient access to various parts of Tokyo, as well as to Kawasaki, Yokohama, and Haneda Airport.

Building Specifications

- Site Area: 3,115.45 square meters (according to public records)
- Total Floor Area: 10,138.65 square meters (according to public records)
- Structure: Steel-framed, reinforced concrete, with five stories plus a basement
- Construction Date: January 1993

Surrounding Environment

The KDX Higashi-Shinagawa Building is nestled amongst a vibrant mix of commercial establishments and high-rise office buildings that have sprung up since the Shinagawa Seaside station's development in 2002. These enhancements have brought about a revitalized urban area, featuring parks and waterfront plazas that allow for a blend of city life with natural elements like greenery and ocean views. Nearby, the Aomonoyokocho area boasts a traditional shopping district that captures the essence of the town’s historical backdrop.

Strategic Investment Decision

Roadstar Capital recognizes the significance of this acquisition not only for the property's appealing characteristics but also for the state of the building's maintenance. The building's spacious areas of approximately 480 tsubo make it an attractive option for large tenants, while also presenting potential for value enhancement. The team at Roadstar has assessed this asset as crucial for the company’s future growth, particularly in light of current market dynamics.

Tokyo Office Market Outlook

In the aftermath of the pandemic, there has been a robust return to office spaces, particularly within Tokyo’s five central wards, which have shown a consistent demand for office rentals. With an average rent increase having persisted for 15 consecutive months, it signals a strong resurgence in this sector. The rental market is predicted to gradually extend from the city center to its surrounding areas, driven by this renewed demand.

Investors and real estate funds from Europe and the US are beginning to regain their footing in the Tokyo office market, contributing to a more dynamic investment landscape. Despite some global uncertainties, domestic and international investors remain active players, and the surrounding wards are poised for growth.

Roadstar Capital: Company Profile

Founded in March 2012, Roadstar Capital, led by President Tatsuya Iwano, is committed to corporate funding, asset management, and crowdfunding services. With a capital base of 1.4 billion yen, close to 2.7 billion yen including reserve capital, the firm strives to capitalize on advantageous real estate acquisitions leveraging its market expertise and established relationships.

As we move forward, Roadstar Capital remains focused on harnessing market dynamics and realizing strong investment opportunities, with KDX Higashi-Shinagawa Building as a pivotal asset supporting its vision for the future of real estate integration and innovation.

For more information, visit Roadstar Capital's official website.