The Ascott brought its Ascott The Residence brand to Tokyo through a master lease agreement with Mitsubishi Estate Company, one of Japan’s largest real estate developers.
The 129-unit Ascott Marunouchi Tokyo is slated to open in 2017, ahead of the 2020 Olympics to be held in the city. Ascott currently operates approximately 360 serviced apartment units in Citadines Shinjuku and Somerset Azabu East in Tokyo, and Citadines Karasuma-Gojo in Kyoto. In addition to serviced residences, Ascott has 40 properties with more than 2,800 apartment units for corporate lease across ten major cities including Tokyo, Osaka, Nagoya and Fukuoka.
Located in the Marunouchi-Otemachi area, Ascott Marunouchi Tokyo will be part of MEC’s mixed-use development comprising offices and retail outlets. The serviced residence has a prime address in Tokyo’s central business district where multinational companies and the headquarters of major Japanese banks are based.
Besides being near commercial buildings, Ascott Marunouchi Tokyo is close to tourist attractions like Ginza, which is the city’s shopping, dining and entertainment district. The serviced residence is located near the Imperial Palace, with apartments offering views of the Kokyo Gaien National Garden. Guests will also enjoy convenient access to other parts of Tokyo and Japan since Ascott Marunouchi Tokyo is linked to the Otemachi subway station and is a 10-minute walk to the main Tokyo train station.
Ascott Marunouchi Tokyo will provide apartments ranging from studios to three-bedroom units with separate working and sleeping areas. For a local touch, guests can choose apartments that come with tatami mattresses. Facilities at the serviced residence include a swimming pool, roof-top terrace, gymnasium, reading lounge, business center and meeting rooms.