Sekisui House REIT To Acquire Rental Apartment Property in Tokyo’s Kinshicho Area

Sekisui House REIT Investment Corp. will acquire Prime Maison Kinshicho, a rental residential property in Koto-bashi 4-chome, Sumida Ward, Tokyo. The planned acquisition price is JPY 4.27 billion. The agreement was signed June 15, 2026, and the acquisition is scheduled for July 1, 2026. The seller is Sekisui House, which developed the property.

The property is located a four-minute walk from Kinshicho Station on the JR Sobu Line and Tokyo Metro Hanzomon Line. Completed in May 2025, the 13-story property has a Gross Floor Area of approximately 972 tsubo (approx. 34,600 sq. ft.). It consists of 85 residential units with 1R, 1K and 1LDK layouts, and occupancy is 97.3%. The property also includes two retail units, one of which is leased to a clinic.

The REIT will acquire a rental residential property planned and developed by its sponsor, Sekisui House, and add a station-proximate residence in the Tokyo area, one of its target investment areas, to its portfolio. Average asking rents for rental apartments with 1R to 1LDK layouts within a five-minute walk of Kinshicho Station rose about 20%, from JPY 14,042 per tsubo at the end of April 2023 to JPY 16,888 per tsubo at the end of April 2026, according to a survey by the editorial team based on estie Residential Research. Rents continue to rise for station-proximate housing targeting single-person and small households, and the acquisition appears intended to secure stable income.

Key Facts

• Property Name: Prime Maison Kinshicho
• Buyer: Sekisui House REIT Investment Corp.
• Seller: Sekisui House, Ltd.
• Location: 4-8-12 Koto-bashi, Sumida Ward, Tokyo
• Nearest Station: Approx. four-minute walk from Kinshicho Station on the JR Sobu Line and Tokyo Metro Hanzomon Line
• Planned Acquisition Price: JPY 4.27 billion
• Appraised Value: JPY 4.39 billion, as of June 1, 2026, by Japan Real Estate Institute
• Appraisal NOI Yield: 3.5%
• Appraisal NOI Yield After Depreciation: 3.0%
• Agreement Date: June 15, 2026
• Planned Acquisition Date: July 1, 2026
• Completion: May 2025
• Number of Floors: 13F, reinforced concrete structure
• Use: Multifamily residential, retail
• Area: Site area approx. 145 tsubo (approx. 5,200 sq. ft.); Gross Floor Area approx. 972 tsubo (approx. 34,600 sq. ft.); Leasable Area approx. 850 tsubo (approx. 30,300 sq. ft.); Leased Area approx. 827 tsubo (approx. 29,400 sq. ft.)
• Total Units: 87, including two retail units
• Unit Mix: 1R, 1K and 1LDK
• Number of Tenants: 1
• Occupancy: 97.3%, as of the end of April 2026