A J-REIT has sold a 33-year old office building in Shinagawa for 5.57 billion Yen (approx. US$37 million), 215% above its approximate book value and 15% above its appraisal.
Shinagawa office sells for 5.5 billion Yen
March 17, 2025
A J-REIT has sold a 33-year old office building in Shinagawa for 5.57 billion Yen (approx. US$37 million), 215% above its approximate book value and 15% above its appraisal.