Mapletree North Asia Commercial Trust Buys HP Japan HQ Building

Posted on 06/01/2021

Singapore-listed Mapletree North Asia Commercial Trust (MNACT) acquired a 98.47% interest in an office building located at 2- 1, Ojima 2-chome, Koto-ku, Tokyo known as “Hewlett-Packard Japan Headquarters”. The remaining stake will be owned by Mapletree Investments Japan KK, a wholly owned local subsidiary of the trust’s sponsor, Temasek Holdings–backed Mapletree Investments. The building was completed in 2011 and has a gross floor area of 42,496 square meters.

The price was 38.8 billion Japanese yen.

MNACT’s Existing Japan Properties
IXINAL Monzen-nakacho Building (“MON”)
ABAS Shin-Yokohama Building (“ASY”)
Higashi-nihonbashi 1-chome Building (“HNB”)
SII Makuhari Building (“SMB”)
TS Ikebukuro Building (“TSI”)
Fujitsu Makuhari Building (“FJM”)
Omori Prime Building (“Omori”)
mBAY POINT Makuhari (“MBP”)

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