Real Partners Acquires Newly Built Rental Apartment Building in Nakano Ward

Real Partners, based in Chiyoda Ward, Tokyo, has acquired a newly built rental apartment building in 4-chome Yayoi-cho, Nakano Ward, Tokyo. The seller was Thomas Living, a Fukuoka-headquartered real estate company, which sold the property shortly after completing development.

The property is a reinforced concrete building with four above-ground floors and one basement level, completed in December 2025. Gross Floor Area is approximately 177 tsubo (approx. 6,287 sq. ft.). It is located in a residential neighborhood about a five-minute walk from Nakano-shimbashi Station on the Tokyo Metro Marunouchi Line.

Thomas Living is a real estate company with a strong presence in the Fukuoka and Saga areas, and it also engages in the planning and development of rental apartment buildings through its group companies. This transaction can be viewed as an example of a development-for-sale deal in which a developer with a regional base developed a property in the Greater Tokyo area and sold it to an investment company after completion.

Asking rents for rental housing within a five-minute walk of Nakano-shimbashi Station turned upward in the second half of 2024, and most recently have reached the JPY 14,000-per-tsubo range, marking a new all-time high (editorial department research based on estie Residential Research). Demand for newly built properties remains firm, and this asset is also expected to maintain stable occupancy.

Key Facts

• Buyer:

  Real Partners Co., Ltd.

• Seller:

  Thomas Living Co., Ltd.

• Location:

  4-13 Yayoi-cho, Nakano-ku, Tokyo

• Nearest Station:

  Approximately 5 minutes on foot from Nakano-shimbashi Station on the Tokyo Metro Marunouchi Line

• Completion:

  December 2025

• Number of Floors:

  4F / B1

  Structure:

  Reinforced concrete

• Gross Floor Area:

  Approx. 177 tsubo (approx. 6,287 sq. ft.)