Thursday, 09 September 2010. 11:26 PM SST -- (3:26 PM GMT)  
Frasers Commercial Trust
Cosmo Plaza, Osaka Japan
Frasers Commercial Trust
Cosmo Plaza Print this page Print this page

Cosmo Plaza is located in Nanko Cosmo Plaza Square within Suminoe Ward, Osaka, Japan. The property is located 500 metres from the Trade Center-Mae Train Station situated on the OTS Line. The property is linked by undercover sheltered walkways to surrounding buildings including the adjacent Hyatt Regency Hotel and the Nanko Port Town line train station. Cosmo Plaza is a 14-storey building, comprising 11 levels of commercial office space, one level of retail space, three levels of auditorium and conferencing facilities and 234 car park lots.

Cosmo Plaza, Osaka

FCOT acquired a 100.0% indirect interest in Cosmo Plaza from Yugen Kaisha Turtle Property for JPY6.5 billion (S$82.4 million)[1] on 10 August 2007. The key tenants in Cosmo Plaza include Mitsubishi UFJ NICOS, Schick Japan KK and Obayashi Corporation.

[1] Based on an exchange rate of S$1.00 = JPY78.8835 being the rate at the time of acquisition.

Key Property Statistics
As at 30 September 2008
Address

15, Nankokita 1-chome, Suminoe-ku, Osaka, Japan

Tenure

Shoyu-ken[2]

Net Lettable Area (NLA)

224,470 sq ft (20,854 sqm)

Car Spaces

234

Date Completed

January 1998

Occupancy Rate

100.0%

PML

6.6%

WALE by income

1.2 years

[2] Ownership rights under Japanese law, similar to freehold.

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