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Japan Real Estate Insights by estie
Japan Real Estate Insights by estie

Six Rental Properties Completed or Scheduled for Completion in Tokyo

Six Rental Properties Completed or Scheduled for Completion in Tokyo

Six rental properties developed by FAITH NETWORK have either been completed or are scheduled for completion in Tokyo between March and June 2026. The assets are part of the company’s flagship “THE GRANDUO” series and standard “GranDuo” series, which are concentrated in Tokyo’s Jonan 3 wards—Setagaya, Meguro, and Shibuya—and are located in Setagaya, Meguro, Minato, and Suginami wards. In addition to residential units, the six properties also include retail and office space, for a combined total of 81 units/spaces.

The six-property lineup consists of one flagship “THE GRANDUO” asset and five standard “GranDuo” assets. The largest is “GranDuo Musashi-Koyama 5” in Meguro Honcho, Meguro Ward, a five-story rental residential property with 22 units and a gross floor area of about 313 tsubo (approx. 11,148 sq. ft.). The property has received ZEH-M Oriented certification. “GranDuo Shirokane-Takanawa” in Mita, Minato Ward is a seven-story property with seven retail and office spaces, while “THE GRANDUO FUTAKOTAMAGAWA SEED” in Tamagawa, Setagaya Ward is a three-story plus one-basement property with four retail and office spaces. In Suginami Ward, “GranDuo Nakano 7” in Koenji-kita has 14 residential units, while “GranDuo Ogikubo 3” in Kamiogi has 17 residential units. Five of the six properties are scheduled for completion in March 2026, while “THE GRANDUO FUTAKOTAMAGAWA SEED” is scheduled for completion in June 2026.

Property Name

Location

Number of Floors

Units/Spaces

Use

Completion

THE GRANDUO FUTAKOTAMAGAWA SEED

2-16 Tamagawa, Setagaya-ku

3F / B1

4

Office / Retail

June 2026

GranDuo Musashi-Koyama 5

5-10 Meguro Honcho, Meguro-ku

5F

22

Residential

March 2026

GranDuo Yoga 7

3-1-16 Seta, Setagaya-ku

4F

17

Residential

March 2026

GranDuo Shirokane-Takanawa

5-11 Mita, Minato-ku

7F

7

Retail / Office

March 2026

GranDuo Nakano 7

1-8 Koenji-kita, Suginami-ku

3F

14

Residential

March 2026

GranDuo Ogikubo 3

2-30 Kamiogi, Suginami-ku

4F

17

Residential

March 2026

In November 2024, the company launched its flagship “THE GRANDUO” brand and shifted to a two-tier branding strategy alongside the existing “GranDuo” line. Each “THE GRANDUO” building is designed by a different architect, and the assets are differentiated by features such as the standard installation of the proprietary “THEAR” air-conditioning system. For the fiscal year ended March 2025, the company posted revenue of JPY 29.9 billion, up 34% year on year, and operating profit of JPY 4.5 billion, up 116%, achieving substantial gains in both revenue and earnings. Its cumulative development track record has reached 299 buildings, about 75% of which are located in the Jonan 3 wards. Properties developed by the company have also been supplied to buyers such as JR Shikoku.(see related article:JR Shikoku Acquires Newly Built Rental Apartment “J. Rivière Chitose-Karasuyama” in Tokyo

Key Facts

  • Developer: FAITHNETWORK Co., Ltd. (FAITH NETWORK)

  • Head Office: 4-23-5 Sendagaya, Shibuya-ku, Tokyo

  • Property Name: THE GRANDUO FUTAKOTAMAGAWA SEED (AXION Futako-Tamagawa)

    • Location: 2-16 Tamagawa, Setagaya-ku, Tokyo

    • Nearest Station: 5-minute walk from Futako-Tamagawa Station on the Tokyu Den-en-toshi Line

    • Completion: June 25, 2026

    • Number of Floors: 3F / B1

    • Gross Floor Area: About 165 tsubo (approx. 5,874 sq. ft.)

    • Units/Spaces: 4 spaces (1 office, 3 retail)

  • Property Name: GranDuo Musashi-Koyama 5 (J. Riviere Musashi-Koyama West)

    • Location: 5-10 Meguro Honcho, Meguro-ku, Tokyo

    • Nearest Station: 7-minute walk from Musashi-Koyama Station and Nishi-Koyama Station on the Tokyu Meguro Line

    • Completion: March 11, 2026

    • Number of Floors: 5F

    • Gross Floor Area: About 313 tsubo (approx. 11,148 sq. ft.)

    • Total Units: 22

  • Property Name: GranDuo Yoga 7

    • Location: 3-1-16 Seta, Setagaya-ku, Tokyo

    • Nearest Station: 11-minute walk from Yoga Station on the Tokyu Den-en-toshi Line

    • Completion: March 2026

    • Number of Floors: 4F

    • Total Units: 17

  • Property Name: GranDuo Shirokane-Takanawa

    • Location: 5-11 Mita, Minato-ku, Tokyo

    • Nearest Station: 6-minute walk from Shirokane-Takanawa Station on the Toei Mita Line and Tokyo Metro Namboku Line

    • Completion: March 23, 2026

    • Number of Floors: 7F

    • Gross Floor Area: About 138 tsubo (approx. 4,917 sq. ft.)

    • Units/Spaces: 7 spaces (2 retail, 5 office)

  • Property Name: GranDuo Nakano 7

    • Location: 1-8 Koenji-kita, Suginami-ku, Tokyo

    • Nearest Station: 9-minute walk from Koenji Station on the JR Chuo Line

    • Completion: March 25, 2026

    • Number of Floors: 3F

    • Gross Floor Area: About 327 tsubo (approx. 11,646 sq. ft.)

    • Total Units: 14

  • Property Name: GranDuo Ogikubo 3

    • Location: 2-30 Kamiogi, Suginami-ku, Tokyo

    • Nearest Station: 8-minute walk from Ogikubo Station on the JR Chuo Line

    • Completion: March 25, 2026

    • Number of Floors: 4F

    • Gross Floor Area: About 262 tsubo (approx. 9,333 sq. ft.)

    • Total Units: 17