Yes, we do. This is an example of a successful investment in an office building with a beautiful exterior, located about an 8-minute walk from the nearest station.
The building was constructed by a major construction company and was of high quality. The total floor space and land area were relatively large, so it was easy to consult with financial institutions about using the land and building as collateral for a loan.
However, when the previous owner owned the property, it was very vacant and difficult to sell, so the price was drastically reduced.
After consulting with financial institutions, we decided to invest in the property because the financing conditions were very good.
After investing in the property, there were very few vacancies, and we have been able to earn a very high yield and stable rental income. If we were to resell the property, there is a high possibility that we would be able to earn a large amount of resale profit, more than the amount we invested. This property was located in a regional city. The investment amount is within 1 billion yen.