United Urban to Divest Shinsaibashi OPA Main Building in Stages for JPY 43.1 Billion

United Urban Investment Corporation has announced that it will divest the “Shinsaibashi OPA Main Building” in stages, with a total transaction value of JPY 43,112 million. Current tenants are scheduled to vacate in April 2026.

The retail complex has direct access to Osaka Metro’s Shinsaibashi Station and was completed in 1994. The property comprises 12 floors above ground and three below, with a gross floor area of approximately 7,833.47 tsubo (approx. 258,900 sq. ft.). United Urban will transfer a 20% interest in the building and land on June 1, 2026, followed by five phased transfers of the remaining land interest between 2027 and 2029.

Key Facts

• Property Name: Shinsaibashi OPA Main Building

• Buyer: Two domestic operating companies (undisclosed)

• Seller: United Urban Investment Corporation

• Transaction Price: JPY 43,112 million

• Location: 1-4-3 Nishishinsaibashi, Chuo-ku, Osaka-shi, Osaka

• Nearest Station: Direct access to Osaka Metro Midosuji Line and Nagahori Tsurumi-ryokuchi Line, Shinsaibashi Station

• Completion: November 1994

• Number of Floors: 12F / B3

• Gross Floor Area: approx. 7,833.47 tsubo (approx. 258,900 sq. ft.)