Totsu Real Estate Investment Sells Small-Scale Office Building in Ginza
Totsu Real Estate Investment Co., Ltd. has sold the small-to-mid-size office building “TRUST VALUE Ginza 1-chome II” in Chuo Ward’s Ginza 1-chome. The buyer is Vert Co., Ltd. TohTsu Real Estate Investment acquired the property in May 2024, marking a relatively quick exit after approximately 1 year and 3 months.
The building, completed in 1982, is an SRC-constructed, 8-story-above/1-story-below-grade office property with a Gross Floor Area of approx. 219 tsubo (approx. 7,793 sq. ft.). It is a 3-minute walk from Tokyo Metro Yurakucho Line “Shintomicho” Station and a 5-minute walk from Toei Asakusa Line “Higashi-Ginza” Station. With a typical floor plate of approx. 26 tsubo (approx. 925 sq. ft.), the property fits the needs of small and medium-sized office tenants.
Ginza’s office market continues to show signs of recovery. Vacancy, which peaked in the 6% range in early 2023, has since declined and improved to the mid-2% range by fall 2025. Asking rents have also trended upward since 2024, currently moving in the mid-JPY 23,000 per tsubo range, according to analysis based on “estie market Research.”
Totsu Real Estate Investment, established in 2019 and backed by a Macau-based real estate group, has been actively acquiring hotels and office buildings in central Tokyo. This transaction represents a relatively short-term disposition for the company.
Key Facts
Property Name: TRUST VALUE Ginza 1-chome II
Seller: Totsu Real Estate Investment Co., Ltd.
Buyer: Vert Co., Ltd.
Location: 1-22-9 Ginza, Chuo-ku, Tokyo
Nearest Stations:
Tokyo Metro Yurakucho Line “Shintomicho” Station (3-minute walk)
Toei Asakusa Line “Higashi-Ginza” Station (5-minute walk)
Completion: 1982
Number of Floors: 8F / B1 (Structure: SRC)
Gross Floor Area: approx. 219 tsubo (approx. 7,793 sq. ft.)