Daiwa House Realty Mgt. Acquires Daiwa Roynet Hotel Chiba Ekimae

Daiwa House Realty Mgt. announced on August 9 that it has acquired the Daiwa Roynet Hotel Chiba Ekimae, located in Chuo-ku, Chiba City, from Sumitomo Mitsui Trust Panasonic Finance. The transaction price was not disclosed.

The property is a 3-minute walk from the east exit of JR Chiba Station, a 3-minute walk from the central exit of Chiba Urban Monorail’s Chiba Station, and a 6-minute walk from the west exit of Keisei Chiba Station. Completed in 2015, the 14-story building has a gross floor area of approximately 5,482.74 square meters (approx. 59,000 sq. ft.).

Key Facts

• Property Name: Daiwa Roynet Hotel Chiba Ekimae

• Buyer: Daiwa House Realty Mgt.Co., Ltd.

• Seller: Sumitomo Mitsui Trust Panasonic Finance Co., Ltd.

• Transaction Price: Not disclosed

• Location: 1-1-14 Fujimi, Chuo-ku, Chiba City, Chiba Prefecture

• Nearest Stations: JR Chiba Station (East Exit) – approx. 3 min walk / Chiba Urban Monorail Chiba Station (Central Exit) – approx. 3 min walk / Keisei Chiba Station (West Exit) – approx. 6 min walk

• Completion: July 2015

• Number of Floors: 14F

• Gross Floor Area: approx. 5,482.74㎡ (approx. 59,000 sq. ft.)