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News Release

Singapore

Jones Lang LaSalle as exclusive agents presents: The Parkhouse Shinjuku Tower, Tokyo


​SINGAPORE, 14 November 2012 Jones Lang LaSalle K.K., Japan in collaboration with Jones Lang LaSalle International Project Sales team, Singapore, headed by Ms. Doris Tan, are launching a condominium project, The Parkhouse Shinjuku Tower, located in Shinjuku-ku, Tokyo, in Singapore as exclusive agents of Mitsubishi Jisho Residence Co., Ltd.("MJR")

MJR is expanding its sales activity in Asia Pacific and will have its first project exhibition at Conrad Centennial Singapore on 16, 17 and 18th November.  MJR has been the largest residential developer in Japan since its creation in 2011.

Mr Shuichi Nishimura, Head of Sales Group at MJR comments: “The Parkhouse Shinjuku Tower is a unique opportunity to invest in one of the greatest newly built residential developments within a 15-minute walk from Shinjuku Station.  It is a towering contemporary architecture offering a choice of 1, 2 and 3 bedroom units over levels 2 to 20 with a stunning array of lifestyle facilities, breath-taking views.”

Doris Tan, Head of Residential International Projects, Jones Lang LaSalle, comments:  “I am indeed very excited about the launch of The Parkhouse Shinjuku Tower in Singapore.  Our investors are constantly enquiring about investment opportunities in Japan.  To date Japan has only sold domestically and not internationally and there has been no chance for individuals to invest unless for large commercial building/s.  We are therefore bringing this investment opportunity to investors in Singapore who are keen to add to their existing portfolio of overseas properties​.  The process will be made easy for our investors with Jones Lang LaSalle Japan together with other reputable Japanese real estate service providers able to handle all the lettings and management under a 5-year corporate lease(optional) as well as resales.”

The uniqueness of the building is not only the location -  it is developed by a consortium of top-tier Japanese developers and a leading construction company;  Mitsubishi Jisho Residence Co Ltd,  a 100% subsidiary of Mitsubishi Estate, one of the most prestigious developers in Japan with a century old track record, and Heiwa Real Estate Co., Ltd. which also has a long history in the development of buildings, mainly in Tokyo, with having CapitaLand Limited participating as limited liability partner (Tokumei Kumiai investor).

The Shinjuku Front Square, comprising of an office tower and The Parkhouse Shinjuku Tower, is a mixed-use development which offers multiple life-supporting facilities such as supermarket, medical clinic and cafe.  Residents will have full use of an exclusive array of grand lobby, party salon, and guest suite room facilities.

The transportation infrastructure is the most advanced in the world.  The lifestyle, the recreation and the sheer exuberance radiating from Shinjuku signifies its global importance. The district continues to remain the strongest single symbol of economic growth in Japan.

Shinjuku is full of excitement with a variety of shopping department stores, pubs, night life and office buildings. Takashimaya Times Square and Isetan Shinjuku are located within close proximity from JR Shinjuku Station, which offer residents hundreds of options for shopping.





Notes to editors
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47.2 billion of assets under management.

Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 22,200 employees operating in 79 offices in 14 countries across the region. The firm was named ‘Best Property Consultancy’ in nine Asia Pacific countries at the International Property Awards Asia Pacific 2012, in association with HSBC, and was highly commended in a further three countries. For further information, please visit www.ap.joneslanglasalle.com

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