Kanden Realty & Development Acquires Retail and Residential Property in Matsudo, Chiba Prefecture
Kanden Realty & Development acquired Takagi Building, a mixed-use retail, office and residential property in Nemoto, Matsudo City, Chiba Prefecture, in March 2026. The seller was Alogy, a company primarily engaged in real estate revitalization. Alogy acquired the property from an individual in April 2025 and sold it after holding it for about one year.
The property is a seven-story building completed in 1978. The first and second floors are used for retail and office purposes, while the second through seventh floors consist of residential units with 1LDK and 2DK layouts. It is located a four-minute walk from Matsudo Station on the JR Joban Line and Shin-Keisei Line. The station area is one of Matsudo’s leading commercial districts, with large retail facilities and restaurants, and has a concentration of retail properties, restaurants and small to midsize buildings, creating a mix of residential and commercial uses.
The average asking rent for rental housing within a 10-minute walk of Matsudo Station rose from JPY 8,575 per tsubo in April 2023 to JPY 10,530 per tsubo in April 2026, according to research by the editorial team based on estie Residential Research. Around Matsudo Station, the Matsudo Station Area District Urban Regeneration Plan, Phase 2, is currently underway. The plan includes improvements to the Matsudo Station west exit pedestrian deck and Matsudo Central Park, with the aim of enhancing the station-front area, public gathering spaces and pedestrian circulation.
The buyer, Kanden Realty & Development, is engaged in for-sale housing, rental investment development and overseas businesses. While based in the Kansai region, the company is also expanding its business in the Tokyo metropolitan area and other major cities. In its investment strategy toward 2030, the company has set out goals including strengthening its presence in the Tokyo metropolitan area and major cities and expanding fee-based and capital-rotation businesses. The specific investment purpose for this property could not be confirmed.
Key Facts
- Property Name: Takagi Building
- Buyer: Kanden Realty & Development Co., Ltd.
- Seller: Alogy Co., Ltd.
- Location: 8-15 Nemoto, Matsudo City, Chiba Prefecture
- Nearest Station: Five-minute walk from Matsudo Station on the JR Joban Line and Keisei Matsudo Line
- Completion: August 1978
- Number of Floors: 7F (reinforced concrete)
- Gross Floor Area: Approximately 373 tsubo (approx. 13,300 sq. ft.)
- Total Units: 23