Nara Family

Nara Family1
Nara Family2
Nara Family3
Nara Family4

information

90001

Location
4-1, Saidaiji-higashimachi 2-chome, Nara-shi, Nara
Acquisition Price (mn Yen)
34,875
Date Acquired
Mar. 06, 2003
Oct. 23, 2007
Feb. 08, 2008
Jun. 29, 2012
Construction Completion
Nov. 12, 1992
Apr. 30, 1993
Number of Stories
7 stories above ground and 2 basement floors
3 stories
2 stories
Land Size
29,342.59m2
Total Floor Space
115,707.41m2
Number of Tenants
111
Occupancy Ratio
100.0%

* Part of the land (1,026.89m2) are leased land to trustee.
* JMF acquired the parking area (acquisition price: 50 million yen) on October 23, 2007 and also acquired the adjacent land (acquisition price: 84 million yen) on February 8, 2008. Furthermore, JMF acquired part of the leased land (3,848.89m2, acquisition price: 3,500 million yen) on June 29, 2012.
* “Number of Tenants” and “Occupancy ratio” for the properties which are leased partially in the form of a pass-through master lease are presented on an end-tenant basis.

Nara Family is located in Nara-shi, the capital of Nara Prefecture, in the eastern part of the Kansai region, close to Osaka and Kyoto. Nara was an ancient capital of Japan and is home to two of Japan's eleven World Heritage sites.

The property is approximately a three-minute walk from Yamato Saidaiji Station, with three train lines providing access to the property, and is located in an area widely recognized as a newly emerging city center.

Nara Family is anchored by Kintetsu Department Store, a department store, and AEON, a general merchandise store. Kintetsu Department Store sells a wide variety of products, including clothing, household goods, cosmetics, food and other products. Nara Family also contains over 100 speciality stores, offering a wide array of products.

An adjacent structural parking deck with a capacity for approximately 2,000 cars is currently leased by the Fund from a third party.

Guide

Heijo Palace Site Museum
The museum is located within the Heijo Palace. As a result of investigations by the Nara National Research Institute for Cultural Properties, the site was designated as a Special Historic Site by Japan and as a World Heritage Site. In addition to permanent exhibitions, the museum also hosts special exhibitions regarding the Heijo Palace and the Heijo capital.

Impression

The tallest building in Nara city, it is popular with local elderly people in the morning, well-to-do ladies during the daytime, and students and female office workers returning home in the evening. It is a local place for recreation with a very wide customer base.

Unlike conventional commercial facilities, it has a feeling of "eternal wind." It also has a cultural side with things like the plate marking the Heijo-kyo column remains, and the wonderfully named "MUSIK SAAL AKISHINO" concert hall.

Map

90001

Nara Family

Location
4-1, Saidaiji-higashimachi 2-chome, Nara-shi, Nara
Acquisition Price (mn Yen)
34,875
Date Acquired
Mar. 06, 2003
Oct. 23, 2007
Feb. 08, 2008
Jun. 29, 2012
Construction Completion
Nov. 12, 1992
Apr. 30, 1993
Number of Stories
7 stories above ground and 2 basement floors
3 stories
2 stories
Land Size
29,342.59m2
Total Floor Space
115,707.41m2
Number of Tenants
111
Occupancy Ratio
100.0%

* Part of the land (1,026.89m2) are leased land to trustee.
* JMF acquired the parking area (acquisition price: 50 million yen) on October 23, 2007 and also acquired the adjacent land (acquisition price: 84 million yen) on February 8, 2008. Furthermore, JMF acquired part of the leased land (3,848.89m2, acquisition price: 3,500 million yen) on June 29, 2012.
* “Number of Tenants” and “Occupancy ratio” for the properties which are leased partially in the form of a pass-through master lease are presented on an end-tenant basis.