GLR Investment Acquires Rental Apartment in Mejiro, Tokyo

In April 2025, GLR Investment Co., Ltd. acquired the low-rise rental apartment building “Mejiro YUI-ENN” located in Mejiro, Toshima-ku, Tokyo, from SANTIER Co., Ltd.

Completed in March 2015, the property is a reinforced concrete structure with three floors above ground and one basement level. It has a gross floor area of approximately 1,228 sqm (approx. 13,220 sq. ft.) and features a mixed-use layout, including retail space on the basement level. The nearest station is Shiinamachi Station on the Seibu Ikebukuro Line, approximately 8 minutes on foot, while JR Yamanote Line’s Mejiro Station is also within walking distance.

Founded in 2007, GLR Investment is based in the Marunouchi Building and specializes in leasing and brokerage of logistics assets, as well as asset management. The firm has built an integrated platform that also handles principal investments and private fund structuring. In recent years, it has been diversifying its portfolio beyond logistics and office properties to include residential assets such as rental apartments. The acquisition of this relatively new multifamily property aligns with GLR’s broader income-producing real estate strategy.

Key Facts

• Property Name: Mejiro YUI-ENN

• Buyer: GLR Investment Co., Ltd.

• Seller: SANTIER Co., Ltd.

• Transaction Price: Not disclosed

• Location: 4-31-22 Mejiro, Toshima-ku, Tokyo

• Nearest Station: Approx. 8 min walk from Shiinamachi Station (Seibu Ikebukuro Line)

• Completion: March 2015

• Number of Floors: 3F / B1

• Gross Floor Area: 1,228.58 sqm (approx. 13,220 sq. ft.)

• Units: 10 residential units