The Dai-ichi Life Makes First Investment in Apartment Hotel Sector with Akihabara Acquisition

The Dai-ichi Life Insurance announced on September 30 that it has invested approximately JPY 4.1 billion in a special purpose company established by a real estate fund managed by Marubeni Asset Management. The investment is aimed at acquiring MONday Apart Premium Akihabara in Tokyo’s Chiyoda Ward.

The property is a recently built apartment hotel located a five-minute walk from Akihabara Station on the Tokyo Metro Hibiya Line, and a seven-minute walk from both JR Akihabara Station and JR Asakusabashi Station. Completed in 2020, the 10-story building has a gross floor area of about 1,270㎡ (approx. 13,670 sq. ft.) and offers 27 guest rooms.

This marks Dai-ichi Life’s first investment in the apartment hotel sector.

Key Facts

• Property Name: MONday Apart Premium Akihabara

• Investor: The Dai-ichi Life Insurance Company, Limited

• Investment Amount: Approx. JPY 4,100 million

• Location: 4-5 Kanda-Sakumacho, Chiyoda-ku, Tokyo

• Nearest Stations:

  • Tokyo Metro Hibiya Line "Akihabara" Station – 5 min walk

  • JR "Akihabara" Station – 7 min walk

  • JR Sobu Line "Asakusabashi" Station – 7 min walk

• Completion: October 2020

• Number of Floors: 10F

• Gross Floor Area: Approx. 1,270㎡ (approx. 13,670 sq. ft.)

• Total Guest Rooms: 27