Good News: The Investment Recovery of BUREX Heiwa-cho Project Was Completed Successfully
Win-win cooperation promotes development while innovation leads to market extension. For the BUREX Heiwa-cho Project— the second office building project jointly invested by DDI Japan and its Japanese partner Vortex on June 9, 2017, its liquidation was officially completed on February 28, 2018 and the last payment was credited into account on the morning of March 27. The project has been strongly supported and highly valued by the leadership of the group. It only took nine months from the delivery of the project to the investment recovery. The ROE of the project in nine months has reached 25.3% with an annualized return of more than 32%.
The full name of the project is BUREX Heiwa-cho. It is located in Chiyoda, Tokyo, adjacent to the Imperial Palace and with excellent geographical advantages and convenient transportation. It covers an area of 280.18m2 and is a 10-story office building with a total construction area of 1,665.75m2. For this investment, DDI Japan and VORTEX Company adopted the SPC anonymous portfolio investment model, which was a major innovation made by DDI Japan. The success of this project is an important milestone for the development of DDI Japan.
This successful investment experience lays a good foundation for DDI Japan to expand its investment orientation in the Japanese real estate market in the future and symbolizes that DDI Group has already taken a place in the Japanese real estate investment market. DDI Japan will continue to develop sincere cooperation, maintain professional prudence, forge ahead with determination and give priority to performance, thus to complete the annual business objectives successfully.