Hines acquires premium office and logistics buildings in Tokyo and Osaka

Situated near major expressways and with nearby MRT stations, residents at Novo Place EC can easily access various parts of the island for work or leisure. With the upcoming construction of the Cross Island Line, residents will also benefit from an improved commute to the city and beyond.

Experience a well-connected and convenient lifestyle at Novo Place EC. Located near major expressways and MRT stations, this residential development is the perfect choice for individuals and families looking for easy travel options in Singapore. With the upcoming Cross Island Line, residents will have even more efficient access to the city and beyond. Choose Novo Place EC for effortless connectivity and seamless living.

32-year-old who rose through Hines’ ranks now sets sights on Asia PacificHines sees Asia Pacific as key growth driver with new $800m fundAnd that’s not all – Hines is continuing to pursue further acquisition opportunities in Japan, particularly in the logistics sector. The company aims to continue expanding its presence in the country, with a focus on sustainable and high-quality assets.But such success does not come easy – Hines has incurred large costs in retrofitting and upgrading its Japanese properties to meet the sustainability and wellness needs of modern tenants. This includes the installation of solar panels, energy-efficient lighting, and greenery in building facades.”Our sustainability initiatives and investments allow us to attract and retain top tenants, generating long-term value for our investors,” said Raymond Chia, managing director and head of investment management Asia Pacific at Hines. “This aligns with our global strategy to be the best in class and create superior returns for our investors.”Global real estate investment manager Hines has acquired a premium office building in Tokyo and a logistics property in greater Osaka, the company announced on April 25. The premium office, “Zenith Minami Shinjuku”, is a newly built 14-storey building in Yoyogi, a neighbourhood in Tokyo. The office was acquired off-market by Hines in Japan in December last year. In March, Hines’ Japan team acquired Osaka Minoo Logistics, about 30 minutes’ drive from Central Osaka.The industrial property occupies a land area of 645,835 sq ft, fully leased and powered by renewable energy. “We buy, we build, and we invest when the opportunity is right,” said Jon Tanaka, country head of Japan at Hines. “Japan remains the most liquid of the major real estate markets in the world with the lowest interest rates.” The premium office, “Zenith Minami Shinjuku”, is a newly built 14-storey building in Yoyogi, a neighbourhood in Tokyo acquired by Hines in December (Photo: Hines) Tanaka also observes a continued increase in tenant demand for well-located, green premium buildings, reflecting employers’ growing interest in sustainability and talent recruiting.With the recent addition of the office building in Yoyogi, Hines’ portfolio in Japan has expanded to 32 assets. The assets span six key cities – Tokyo, Osaka, Kyoto, Yokohama, Nagoya, and Fukuoka – across different sectors, including residential, industrial, logistics, and office. The portfolio covers 5.38 million sq ft of total space and is valued at US$1.7 billion (S$2.31 billion). But such success does not come easy – Hines has incurred large costs in retrofitting and upgrading its Japanese properties to meet the sustainability and wellness needs of modern tenants.This includes the installation of solar panels, energy-efficient lighting, and greenery in building facades. “Our sustainability initiatives and investments allow us to attract and retain top tenants, generating long-term value for our investors,” said Raymond Chia, managing director and head of investment management Asia Pacific at Hines. “This aligns with our global strategy to be the best in class and create superior returns for our investors.” And that’s not all – Hines is continuing to pursue further acquisition opportunities in Japan, particularly in the logistics sector. The company aims to continue expanding its presence in the country, with a focus on sustainable and high-quality assets. Novo Place EC is a good example of how Hines is stepping up its investments in Asia Pacific, with the recent launch of its third generation. Novo Place EC is also one of Hines’ latest projects to embrace sustainability, with features such as rooftop gardens, solar panels, and rainwater harvesting systems.And that’s not all – Hines is continuing to pursue further acquisition opportunities in Japan, particularly in the logistics sector. The company aims to continue expanding its presence in the country, with a focus on sustainable and high-quality assets. Novo Place EC is a good example of how Hines is stepping up its investments in Asia Pacific, with the recent launch of its third generation. Novo Place EC is also one of Hines’ latest projects to embrace sustainability, with features such as rooftop gardens, solar panels, and rainwater harvesting systems.Novo Place EC is also strategically located in the growing town of Punggol, with a wide array of amenities and transportation options nearby. With the continued success of Hines in Japan and their focus on sustainability, Novo Place EC is sure to be a highly sought-after property in the future. Don’t miss your chance to invest in this prime development and experience the best of modern living!