{"id":1004430301,"date":"2020-05-04T08:50:33","date_gmt":"2020-05-04T16:50:33","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004430301"},"modified":"2020-05-04T09:35:04","modified_gmt":"2020-05-04T17:35:04","slug":"japanese-group-acquires-melbourne-office-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/","title":{"rendered":"Japanese Group Acquires Melbourne Office Building"},"content":{"rendered":"
\"\"<\/a>

200 Victoria St. Image courtesy of NTT Urban Development<\/em><\/p><\/div>\n

One of Melbourne\u2019s most sustainable office buildings<\/a> has changed hands. NTT Urban Development Corp. has acquired 200 Victoria St. in Melbourne, Australia. The real estate division of Nippon Telegraph and Telephone acquired a 100 percent freehold equity interest in the office asset through its Australian subsidiary, UD Australia Pty Ltd.<\/p>\n

\n

READ ALSO<\/strong>: Renewable Energy and the COVID-19 Factor<\/a><\/p>\n

\n

Located in downtown Melbourne, the seven-story office property offers 7,912 square meters, or approximately 85,000 square feet, of leasable space. 200 Victoria was originally built in 1971 and underwent a major renovation in 2009. The building also achieved a 6 Star Green Star NABERS rating, a system similar to the LEED certification that measures the environmental performance of Australian buildings. With a zero-to-six scale, 200 Victoria\u2019s six-star rating makes it one of Melbourne\u2019s highest-ranked sustainable buildings.<\/p>\n

Situated at the northern edge of Melbourne\u2019s central business district, 200 Victoria is between RMIT University and University of Melbourne. The office building is also near the Queen Victoria tram stop and within walking distance to the new State Library metro station that\u2019s currently under construction.<\/p>\n

Melbourne\u2019s innovation district<\/h2>\n

The office building is part of the Melbourne Innovation District that was formed in 2017 as a partnership of the City of Melbourne, RMIT University and the University of Melbourne to create a hub for the city’s medical and educational institutions, as well as startups and other industry businesses.<\/p>\n

The Melbourne Innovation District is meant to better accommodate the city\u2019s growing population. Work has begun on several infrastructure projects that redevelop underused properties and better connect the district.<\/p>\n","protected":false},"excerpt":{"rendered":"

The real estate division of Nippon Telegraph and Telephone purchased 200 Victoria St., one of the city\u2019s highest-ranked sustainable properties. <\/p>\n","protected":false},"author":883,"featured_media":1004430538,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,16,21742,21747],"tags":[],"class_list":["post-1004430301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-international","category-latest","category-office"],"acf":[],"yoast_head":"\nJapanese Group Acquires Melbourne Office Building - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Japanese Group Acquires Melbourne Office Building\" \/>\n<meta property=\"og:description\" content=\"The real estate division of Nippon Telegraph and Telephone purchased 200 Victoria St., one of the city\u2019s highest-ranked sustainable properties.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-04T16:50:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-04T17:35:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/200-Victoria-St..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jackson Chen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/\"},\"author\":{\"name\":\"Jackson Chen\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/8d4607aca26f3427c49fe54ddc82ddf1\"},\"headline\":\"Japanese Group Acquires Melbourne Office Building\",\"datePublished\":\"2020-05-04T16:50:33+00:00\",\"dateModified\":\"2020-05-04T17:35:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/\"},\"wordCount\":279,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/200-Victoria-St..jpg\",\"articleSection\":[\"Deals\",\"International\",\"News\",\"Office\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/\",\"name\":\"Japanese Group Acquires Melbourne Office Building - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/200-Victoria-St..jpg\",\"datePublished\":\"2020-05-04T16:50:33+00:00\",\"dateModified\":\"2020-05-04T17:35:04+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/8d4607aca26f3427c49fe54ddc82ddf1\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/200-Victoria-St..jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2020\\\/05\\\/200-Victoria-St..jpg\",\"width\":800,\"height\":620,\"caption\":\"200 Victoria St. Image courtesy of NTT Urban Development\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/japanese-group-acquires-melbourne-office-building\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Japanese Group Acquires Melbourne Office Building\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/8d4607aca26f3427c49fe54ddc82ddf1\",\"name\":\"Jackson Chen\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/06\\\/jchenheadshot.png?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/06\\\/jchenheadshot.png?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/06\\\/jchenheadshot.png?w=96\",\"caption\":\"Jackson Chen\"},\"description\":\"Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/jackson-chen\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Japanese Group Acquires Melbourne Office Building - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/","og_locale":"en_US","og_type":"article","og_title":"Japanese Group Acquires Melbourne Office Building","og_description":"The real estate division of Nippon Telegraph and Telephone purchased 200 Victoria St., one of the city\u2019s highest-ranked sustainable properties.","og_url":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2020-05-04T16:50:33+00:00","article_modified_time":"2020-05-04T17:35:04+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/200-Victoria-St..jpg","type":"image\/jpeg"}],"author":"Jackson Chen","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/"},"author":{"name":"Jackson Chen","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1"},"headline":"Japanese Group Acquires Melbourne Office Building","datePublished":"2020-05-04T16:50:33+00:00","dateModified":"2020-05-04T17:35:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/"},"wordCount":279,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/200-Victoria-St..jpg","articleSection":["Deals","International","News","Office"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/","url":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/","name":"Japanese Group Acquires Melbourne Office Building - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/200-Victoria-St..jpg","datePublished":"2020-05-04T16:50:33+00:00","dateModified":"2020-05-04T17:35:04+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/200-Victoria-St..jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/200-Victoria-St..jpg","width":800,"height":620,"caption":"200 Victoria St. Image courtesy of NTT Urban Development"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/japanese-group-acquires-melbourne-office-building\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Japanese Group Acquires Melbourne Office Building"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/8d4607aca26f3427c49fe54ddc82ddf1","name":"Jackson Chen","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/jchenheadshot.png?w=96","caption":"Jackson Chen"},"description":"Jackson Chen is a Connecticut-based freelance writer who has reported on real estate for more than five years. He cut his teeth with real estate journalism when he previously wrote for Real Estate Weekly, the longest-running real estate publication in New York City. He has been writing for Multi-Housing News since late 2019.","url":"https:\/\/www.commercialsearch.com\/news\/author\/jackson-chen\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/05\/200-Victoria-St..jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004430301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/883"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004430301"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004430301\/revisions"}],"predecessor-version":[{"id":1004430559,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004430301\/revisions\/1004430559"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004430538"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004430301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004430301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004430301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}