Resona Private REIT Acquires Two Properties in Kawagoe and Osaka

Resona Private REIT acquired two properties on March 5, 2026: TRN Kawagoe Nishiguchi, a retail and office building in Kawagoe, Saitama Prefecture, and WOB HANATEN, a rental apartment building in Tsurumi Ward, Osaka.

TRN Kawagoe Nishiguchi, completed in 1988, is a nine-story building with a typical floor plate of approximately 42 tsubo (approx. 1,500 sq. ft.). It fronts the west-exit rotary a one-minute walk from Kawagoe Station on the JR Kawagoe Line and the Tobu Tojo Line, and its tenants include restaurants and cram schools. The seller was TRN Investment Management, which had acquired the property in November 2022.

WOB HANATEN, completed in 2007, has five floors above ground and one below, with 24 units in total. It is a three-minute walk from Hanaten Station on the JR Katamachi Line (Gakkentoshi Line) and the Osaka Higashi Line. The seller was Picasso, an ES-CON JAPAN subsidiary that handles real estate leasing, management and investment. Picasso had owned the property since it was newly built in 2007 and sold it about 18 years and five months later.

Resona Private REIT began asset management in March 2025 as the Resona Group's first private REIT, and it carried out its second capital increase on March 5, 2026, the same day as these acquisitions. Drawing on the Resona Group's client base, it plans to acquire a range of properties from midsize and small companies as well as from large corporations, with the Greater Tokyo and Kansai areas as its focus investment regions.

Key Facts

• TRN Kawagoe Nishiguchi
• • Buyer: Resona Private REIT Investment Corporation
  • Seller: TRN Investment Management Co., Ltd.
  • Acquisition Date: March 5, 2026
  • Acquisition Type: Real estate trust beneficiary interest
  • Location: 1-9 Wakitahoncho, Kawagoe, Saitama Prefecture
  • Nearest Station(s): One-minute walk from Kawagoe Station on the JR Kawagoe Line and the Tobu Tojo Line
  • Completion: June 1988
  • Number of Floors: 9F (steel-reinforced concrete construction)
  • Use: Retail / Office
  • Area: Typical floor plate of 42 tsubo (approx. 1,500 sq. ft.) / Gross Floor Area of approximately 404 tsubo (approx. 14,400 sq. ft.)
• WOB HANATEN
• • Buyer: Resona Private REIT Investment Corporation
  • Seller: Picasso Inc.
  • Acquisition Date: March 5, 2026
  • Acquisition Type: Real estate trust beneficiary interest
  • Location: 3-6-20 Hanaten-Higashi, Tsurumi-ku, Osaka, Osaka Prefecture
  • Nearest Station(s): Three-minute walk from Hanaten Station on the JR Katamachi Line (Gakkentoshi Line) and the Osaka Higashi Line
  • Completion: September 2007
  • Number of Floors: 5F / B1 (reinforced concrete construction)
  • Use: Apartment / Retail / Office / Bicycle parking
  • Total Units: 24
  • Unit Layouts: 1R / 1K / 1DK
  • Area: Gross Floor Area of approximately 343 tsubo (approx. 12,200 sq. ft.)