Kyowa Corporation Acquires Rental Apartment Building in Nagoya’s Meito Ward

Kyowa Corporation has acquired Crown Hills, a rental apartment building located in Takaragaoka, Meito Ward, Nagoya. The seller was an individual. The company is a full-service construction firm headquartered in Kasugai, Aichi Prefecture, and counts rental apartment development among its core businesses.

The property is a four-story reinforced concrete rental apartment building with a total of 28 units, completed in January 2004. It has a Gross Floor Area of approximately 221 tsubo (approx. 7,864 sq. ft.). It is located a 10-minute walk from Fujigaoka Station on the Nagoya Municipal Subway Higashiyama Line. The station also serves as a transfer point to the Linimo line (Tobu Kyuryo Line), and resident-led redevelopment planning is underway in the surrounding area.

The company also maintains its headquarters in Marunouchi, Naka Ward, Nagoya, and undertakes the construction of for-sale housing, custom-built homes, stores and commercial facilities, as well as medical and welfare facilities. In the rental housing sector, it operates proprietary reinforced concrete apartment brands such as “Breath” and “Ravi,” and has a track record of completing multiple buildings annually.

Key Facts

• Property Name:

  Crown Hills

• Buyer:

  Kyowa Corporation Co., Ltd.

• Seller:

  Individual

• Location:

  299 Takaragaoka, Meito Ward, Nagoya, Aichi Prefecture

• Nearest Station:

  10-minute walk from Fujigaoka Station on the Nagoya Municipal Subway Higashiyama Line

• Completion:

  January 2004

• Number of Floors:

  4F

• Structure:

  Reinforced concrete

• Gross Floor Area:

  Approximately 221 tsubo (approx. 7,864 sq. ft.)

• Total Units:

  28