By marrying Phoenix’s in-depth local knowledge and investment
acumen, the company successfully enhanced value to this
sought-after Grade A office building in Tokyo through improving
the rental rates and leasing much of the vacant space, and managed
the exit efficiently.
Glass Cube Shinagawa is a 8-year old, 13-storey Grade-A office
building strategically located in Shinagawa, a major business
district of Tokyo, home to the headquarters and branch offices of
many large Japanese and multinational corporations. The property
is situated within easy proximity to Shinagawa Seaside Station and
Aomono Yoko-cho Station. These provide the occupants speedy access
to Central Tokyo, Haneda Airport and Central Yokohama. The open
and modern design allows the tenants to enjoy unobstructed views
of the water and the surrounding city.
Broad expertise in acquisitions, property development and asset
management, on-the-ground professionals and in-depth knowledge of
the capital and property markets has allowed Phoenix to access an
interesting investment opportunity in Japan.
Phoenix was able to utilize its asset management expertise and
significantly improved both rental rates and occupancy of the
property. The project exited in 2018 to an insurance company.
