Information Concerning Kotoden-Kawaramachi Building Property Management Agreement
Mar. 4, 2014
THE TAKAMATSU-KOTOHIRA ELECTRIC RAILROAD Co., Ltd.
Sojitz Commerce Development Corporation
THE TAKAMATSU－KOTOHIRA ELECTRIC RAILROAD Co., Ltd. (“Kotoden”) and Sojitz Commerce Development Corporation, a wholly-owned subsidiary of Sojitz Corporation, provide the following information containing the execution of a property management agreement concerning the Kotoden-Kawaramachi Building owned by Kotoden.
Takamatsu Tenmaya Co., Ltd. has conducted business operations in this building (part of basement level 1 to the 8th floor and the 11th floor）since 2001, but it has recently announced termination of the business as of the end of March of this year.
Sojitz Commerce Development Corporation will begin renovation planning and leasing starting in April for the grand opening in the spring of next year while continuing to operate some stores in the building. The building is located at a Kotoden terminal station, and efforts will be made in collaboration with tenants to transform it into a station building that brings new vitality to the Kawaramachi District, a central area of Takamatsu City, and cherished by the local community.
|1. Kotoden Kawaramachi Building Facilities
Address: 1-3-1 Tokiwa-cho, Takamatsu City, Kagawa Prefecture
Site area:Approx. 16,051 m2
Floor area: Approx. 91,106 m2
Building structure: 11 stories with three basement levels
Number of parking spaces: Approx. 450 (owned by Takamatsu City)
Number of bicycle parking spaces: Approx. 1,000
・Renovation plan adoption & implementation
・Sales promotion planning & implementation
・Lease planning & implementation
・Construction management support services
・Facility management & operation
|３．Overview of Sojitz Corporation
Address: 2-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo
Representative: Yoji Sato, President & CEO
Capital: ￥160,339 million
Industry: General trading company
|４．Overview of Sojitz Commerce Development Corporation
Address: 1-1-12 Toranomon, Minato-ku, Tokyo
Representative: Naoki Yokoyama, President & CEO
Capital: ￥1,100 million (wholly-owned by Sojitz Corporation)
Business activities: Shopping center ownership, leasing, and operation