Global One Real Estate Investment Acquires 83% Co-Ownership Interest in Fukuoka K Square for JPY 14.86 Billion

Global One Real Estate Investment announced that it will acquire an 83% quasi co-ownership interest in the trust beneficiary rights of the office property Fukuoka K Square, located in Hakata-ku, Fukuoka City, on November 7. The acquisition price is JPY 14.8653 billion.

The property is a 3-minute walk from Nakasu-Kawabata Station and a 6-minute walk from Tenjin Station on the Fukuoka City Subway Airport Line. Completed in 2023, the 14-story building offers a gross floor area of approximately 4,733 tsubo (approx. 156,400 sq. ft.). It has obtained CASBEE Smart Wellness S certification, BELS ★★★★★ (under the former scheme), and ZEB Ready status, and is equipped with BCP features such as emergency power generation.

Key Facts

• Property Name: Fukuoka K Square

• Buyer: Global One Real Estate Investment Corp.

• Seller: N2 LLC.

• Transaction Price: JPY 14.8653 billion

• Location: 1-3 Nakajima-machi, Nakasu, Hakata-ku, Fukuoka City, Fukuoka Prefecture

• Nearest Stations: Nakasu-Kawabata Station (3-min walk) / Tenjin Station (6-min walk), Fukuoka City Subway Airport Line

• Completion: June 2023

• Number of Floors: 14F

• Gross Floor Area: approx. 4,733 tsubo (approx. 156,400 sq. ft.)