Yasuda Real Estate Acquires Office Building in Kanda-Nishikicho

Yasuda Real Estate acquired Kanda Nishikicho Building, an office property in Kanda-Nishikicho 1-chome, Chiyoda Ward, Tokyo, on April 15, 2026. The seller was an individual owner.

The property sits along Kanda Keisatsu-dori and is a four-minute walk from Shin-Ochanomizu Station on the Tokyo Metro Chiyoda Line. Completed in 1975, the building has eight floors above ground and one below, with a typical floor plate of approximately 27 tsubo (approx. 1,000 sq. ft.). In March 2026, ahead of the acquisition, a graphic gallery called 1-1-6 opened on the ground floor.

The vacancy rate for office buildings in Kanda-Nishikicho, Chiyoda Ward, with typical floor plates of less than 50 tsubo (approx. 1,800 sq. ft.) hovered above roughly 5% from 2022 through 2024. It has declined recently, standing at about 2.9% as of July 2026 (compiled by the editorial team based on estie office research).

Yasuda Real Estate is headquartered in Kanda-Nishikicho 2-chome and has supplied more than a dozen office buildings in the area. In recent years it has pursued area renovation, remodeling older buildings to play up their character and attracting retail and other tenants. In Kanda-Nishikicho, it has repositioned buildings including Sankin Building, Nishikicho Bunkaisan, Kanda Port Building and Okada Building. This property is likewise an existing building more than 50 years old, and the acquisition falls within a priority area where the company is pursuing placemaking.

Key Facts

• Property Name: Kanda Nishikicho Building
• Buyer: Yasuda Real Estate Co., Ltd.
• Seller: Individual owner
• Acquisition Date: April 15, 2026
• Location: 1-1-6 Kanda-Nishikicho, Chiyoda-ku, Tokyo
• Nearest Station(s): Four-minute walk from Shin-Ochanomizu Station on the Tokyo Metro Chiyoda Line / Five-minute walk from Ogawamachi Station on the Toei Shinjuku Line / Five-minute walk from Awajicho Station on the Tokyo Metro Marunouchi Line
• Completion: April 1975
• Number of Floors: 8F / B1 (steel-reinforced concrete construction)
• Use: Retail / Office / Warehouse
• Area: Typical floor plate of approximately 27 tsubo (approx. 1,000 sq. ft.) / Gross Floor Area of approximately 254 tsubo (approx. 9,000 sq. ft.)