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Daiwa Securities Living Investment Corp. to Sell Two Rental Housing Properties in Nagoya

MultifamilyTransaction

Daiwa Securities Living Investment Corp. to Sell Two Rental Housing Properties in Nagoya

Daiwa Securities Living Investment Corp. will sell two rental housing properties in Nagoya. It executed the sale and purchase agreement on April 21, 2026, and plans to close on May 15. The transfer price totals JPY 1,227 million for the two properties. The buyer is one undisclosed domestic operating company.

The assets are “willDo Kanayama Masaki” in Masaki 4-chome, Naka Ward, Nagoya, and “willDo Kurokawa” in Shigaminamidori 2-chome, Kita Ward, Nagoya. Both are reinforced concrete multifamily properties completed in February 2006. “willDo Kanayama Masaki” is a nine-story property with 48 units geared toward single occupants and is located an eight-minute walk from Kanayama Station, a terminal station served by JR, Meitetsu and the subway.

“willDo Kurokawa” is a 10-story property with 26 units geared toward families. It is located a three-minute walk from Kurokawa Station on the Meijo Line in a quiet residential neighborhood. The appraised value is JPY 565 million for “willDo Kanayama Masaki,” with an appraisal cap rate of 4.0%, and JPY 646 million for “willDo Kurokawa,” with an appraisal cap rate of 4.2%. As of September 2025, occupancy at both properties was 100%.

Key Facts

  • Seller: Daiwa Securities Living Investment Corp.

  • Buyer: Undisclosed domestic operating company

  • Transfer Price: JPY 1,227 million (total for two properties)

willDo Kanayama Masaki

  • Location: 4-2-14 Masaki, Naka Ward, Nagoya, Aichi Prefecture

  • Nearest Station: 8-minute walk from Kanayama Station on the JR Tokaido Main Line, Meitetsu Nagoya Main Line and Nagoya Municipal Subway Meijo Line

  • Completion: February 2006

  • Structure: Reinforced concrete

  • Number of Floors: 9F

  • Total Units: 48

  • Appraised Value: JPY 565 million

  • Appraisal Cap Rate: 4.0%

  • Occupancy: 100%

willDo Kurokawa

  • Location: 2-7 Shigaminamidori, Kita Ward, Nagoya, Aichi Prefecture

  • Nearest Station: 3-minute walk from Kurokawa Station on the Nagoya Municipal Subway Meijo Line

  • Completion: February 2006

  • Structure: Reinforced concrete

  • Number of Floors: 10F

  • Total Units: 26

  • Appraised Value: JPY 646 million

  • Appraisal Cap Rate: 4.2%

  • Occupancy: 100%

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