Last Update: 05/02 2024 06:00 JST

NIKKEI REAL ESTATE MARKET REPORT

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TOP STORY

Mitsui-led consortium building Y900bn project on former Tsukiji Market site
PROJECTS

Mitsui-led consortium building Y900bn project on former Tsukiji Market site

The Tokyo Metropolitan Government selected a Mitsui Fudosan-led consortium as the developer for Tsukiji District Urban Development Project, a project to redevelop about 194,000 m2 of land of the former Tsukiji Market site in Chuo-ku.

NEW
Ichigo Office REIT selling two office buildings for Y4.4bn
DEALS

Ichigo Office REIT selling two office buildings for Y4.4bn

NEW
United Urban acquires apartment hotel in Hiroshima
DEALS
LOCAL

United Urban acquires apartment hotel in Hiroshima

NEW
Daiichi Realter acquires hostel in Kuramae, Taito-ku
DEALS

Daiichi Realter acquires hostel in Kuramae, Taito-ku

NEW
NTT Urban developing apartment building in Ota-ku
PROJECTS

NTT Urban developing apartment building in Ota-ku

NEW
Kitto Motto acquires apartment building near Shibuya Station
DEALS

Kitto Motto acquires apartment building near Shibuya Station

LATEST NEWS

Mitsui-led consortium building Y900bn project on former Tsukiji Market site
PROJECTS

Mitsui-led consortium building Y900bn project on former Tsukiji Market site

NEW
Tokyo Tatemono disposes of apartment building in Toshima-ku
DEALS

Tokyo Tatemono disposes of apartment building in Toshima-ku

NEW
Tougin Real-Estate acquires retail building in Ota-ku
DEALS

Tougin Real-Estate acquires retail building in Ota-ku

NEW
Seiwa purchases Shiba, Minato-ku office building
DEALS

Seiwa purchases Shiba, Minato-ku office building

NEW
Japan's abandoned homes increase 80% in 20 years
BUSINESS

Japan's abandoned homes increase 80% in 20 years

NEW
TD Synnex moving to Tamachi Station Tower
TENANTS

TD Synnex moving to Tamachi Station Tower

NEW
City Homes sells new Ginza retail building
DEALS

City Homes sells new Ginza retail building

NEW
Ichigo Office REIT selling two office buildings for Y4.4bn
DEALS

Ichigo Office REIT selling two office buildings for Y4.4bn

NEW
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EDITORS' PICK

Taisei acquires Aoyama Building from Hong Kong’s Gaw Capital
DEALS

Taisei acquires Aoyama Building from Hong Kong’s Gaw Capital

GK TS Investment 1, which is a special purpose company funded by general contractor Taisei, acquired a large office building in Kita-Aoyama, Minato-ku, along with two adjacent buildings. The seller was an SPC of Hong Kong’s Gaw Capital Partners.
GLP J-REIT to acquire replacement asset for fire damage
DEALS

GLP J-REIT to acquire replacement asset for fire damage
Loadstar acquiring six resort hotels
DEALS
LOCAL

Loadstar acquiring six resort hotels
Japan land prices rise most in 33 years, but foreign investors shy away
BUSINESS

Japan land prices rise most in 33 years, but foreign investors shy away
JR East subsidiary acquires Shibuya building from German fund
DEALS

JR East subsidiary acquires Shibuya building from German fund
Nippon Life Insurance acquires part of Otemon Tower
DEALS

Nippon Life Insurance acquires part of Otemon Tower

Shochiku acquires two Ginza office buildings from Angelo Gordon
DEALS

Shochiku acquires two Ginza office buildings from Angelo Gordon
Mitsui enters U.S. logistics business, investing up to Y68bn
TRENDS

Mitsui enters U.S. logistics business, investing up to Y68bn
Sumitomo Mitsui leasing firm to buy Singapore private funds for $270m
BUSINESS

Sumitomo Mitsui leasing firm to buy Singapore private funds for $270m
GIC sells Roppongi rental apartment building
DEALS

GIC sells Roppongi rental apartment building

MOST READ

Today
Weekly
Monthly

IIF to redevelop its logistics facility

Daiichi Realter acquires hostel in Kuramae, Taito-ku

Gotanda TOC reconstruction postponed nine years, closed building reopening

Activist fund Elliott buys stake in Warren Buffett-backed Sumitomo

Grand Design secures apartment development site in Bunkyo-ku

Meldia reacquires building along Chuo-dori Street in Ginza

Ito-Yokado leasing 1,700 tsubos in Hitachi Omori Dai-Ni Building

FPG securitizing Miu Miu store building in Kobe

Kitto Motto acquires apartment building near Shibuya Station

Space Shower relocating to Dogenzaka-Dori in Shibuya
Enthusiasm and Anxiety
MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: APRIL 2024

Local Markets: Sapporo

Enthusiasm and Anxiety

Will top rents reach the 30,000 yen per tsubo mark?

With the office building vacancy rate at its lowest level among major cities, ranging from 2.0% to 3.0%, and rent reaching a record-high level, the real estate market in Sapporo is booming. Meanwhile, mass supply has started, and the parties concerned are worried whether bullish rents can be set. Amid rising construction costs, some plans have opted to postpone the construction period or reduce the size to ensure that rents align with demand.

Occupier Market | Market Knowledge | Deals Roundup | Relocation Update | News Digest

TRENDS

Samurai Capital opens its first co-living residence in Tokyo

Samurai Capital opens its first co-living residence in Tokyo

Nomura acquires London office building

Kyushu Electric establishes asset manager to form private REIT

Mitsui enters U.S. logistics business, investing up to Y68bn

Tokyu Land and Chuo-Nittochi acquire 181 units in Seattle suburb
MORE

DEALS

Tokyo Tatemono disposes of apartment building in Toshima-ku

Tokyo Tatemono disposes of apartment building in Toshima-ku

NEW

Tougin Real-Estate acquires retail building in Ota-ku

NEW

Seiwa purchases Shiba, Minato-ku office building

NEW

City Homes sells new Ginza retail building

NEW

Ichigo Office REIT selling two office buildings for Y4.4bn

NEW
MORE

PROJECTS

Mitsui-led consortium building Y900bn project on former Tsukiji Market site

Mitsui-led consortium building Y900bn project on former Tsukiji Market site

NEW

NTT Urban developing apartment building in Ota-ku

NEW

IIF to redevelop its logistics facility

Gotanda TOC reconstruction postponed nine years, closed building reopening

Realgate developing retail and office building in Ohashi, Meguro-ku
MORE

TENANTS

TD Synnex moving to Tamachi Station Tower

TD Synnex moving to Tamachi Station Tower

NEW

Ito-Yokado leasing 1,700 tsubos in Hitachi Omori Dai-Ni Building

NEW

Yokomori Mfg moving to Merkmal Keio Sasazuka

NEW

Space Shower relocating to Dogenzaka-Dori in Shibuya

Fuji Koeki moving into new Yaesu building
MORE

STATS

Rapid Hotel Market Recovery

Rapid Hotel Market Recovery

Real estate industry loans reach Y125tn amid interest hike expectations

U.S. Offices Struggle

Tokyo Office Attendance Recovering

High Street Rents Recover 20% or More
MORE

LOCAL

United Urban acquires apartment hotel in Hiroshima

United Urban acquires apartment hotel in Hiroshima

NEW

Artplan acquires prep school in Nagoya

NEW

KDX Realty REIT to own Izumi, Osaka retail facility

NEW

FPG securitizing Miu Miu store building in Kobe

Kyushu University redevelopment site preferential negotiation rights holder selected
MORE

BUSINESS

Japan's abandoned homes increase 80% in 20 years
BUSINESS

Japan's abandoned homes increase 80% in 20 years

NEW
Activist fund Elliott buys stake in Warren Buffett-backed Sumitomo
BUSINESS

Activist fund Elliott buys stake in Warren Buffett-backed Sumitomo

NEW
Mitsui to lead $5.8bn redevelopment of Tokyo's Tsukiji market
BUSINESS

Mitsui to lead $5.8bn redevelopment of Tokyo's Tsukiji market
Hotels are new darling of foreign investors in Japanese property
BUSINESS

Hotels are new darling of foreign investors in Japanese property
Takashimaya eyes 2026 opening for new Vietnam shopping center
BUSINESS

Takashimaya eyes 2026 opening for new Vietnam shopping center
Japan's Expo 2025: Osaka triumph or billion-dollar folly?
BUSINESS

Japan's Expo 2025: Osaka triumph or billion-dollar folly?
MORE

DATA

Transaction Data

73 Transactions Data - Up to May, 2009

103 Transactions Data - Up to April, 2009

74 Transactions Data - Up to March, 2009

81 Transactions Data - Up to February, 2009

3360 Transactions Data - Up to January, 2009 ( CSV only )

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