Last Update: 04/26 2024 06:00 JST

NIKKEI REAL ESTATE MARKET REPORT

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National Holiday: April 29 (Mon)

TOP STORY

Meldia reacquires building along Chuo-dori Street in Ginza
DEALS

Meldia reacquires building along Chuo-dori Street in Ginza

Suginami-ku-based Meldia (formerly Sanei Architecture Planning) acquired a retail and office building in Ginza, Chuo-ku.

NEW
Gotanda TOC reconstruction postponed nine years, closed building reopening
PROJECTS

Gotanda TOC reconstruction postponed nine years, closed building reopening

NEW
Kyushu University redevelopment site preferential negotiation rights holder selected
DEALS
LOCAL

Kyushu University redevelopment site preferential negotiation rights holder selected

NEW
DDI Japan acquires apartment buildings in Itabashi-ku and Kita-ku
DEALS

DDI Japan acquires apartment buildings in Itabashi-ku and Kita-ku

NEW
Fund Creation sells Nihombashi-Horidomecho apartment building
DEALS

Fund Creation sells Nihombashi-Horidomecho apartment building

NEW
Mori Trust REIT to sell vacant store in Sagamihara City
DEALS

Mori Trust REIT to sell vacant store in Sagamihara City

NEW

LATEST NEWS

Space Shower relocating to Dogenzaka-Dori in Shibuya
TENANTS

Space Shower relocating to Dogenzaka-Dori in Shibuya

NEW
Gotanda TOC reconstruction postponed nine years, closed building reopening
PROJECTS

Gotanda TOC reconstruction postponed nine years, closed building reopening

NEW
Meldia reacquires building along Chuo-dori Street in Ginza
DEALS

Meldia reacquires building along Chuo-dori Street in Ginza

NEW
Realgate acquires retail and office building in Meguro-ku
DEALS

Realgate acquires retail and office building in Meguro-ku

NEW
Fund Creation sells Nihombashi-Horidomecho apartment building
DEALS

Fund Creation sells Nihombashi-Horidomecho apartment building

NEW
Kyushu University redevelopment site preferential negotiation rights holder selected
DEALS
LOCAL

Kyushu University redevelopment site preferential negotiation rights holder selected

NEW
Fuji Koeki moving into new Yaesu building
TENANTS

Fuji Koeki moving into new Yaesu building

NEW
DDI Japan acquires apartment buildings in Itabashi-ku and Kita-ku
DEALS

DDI Japan acquires apartment buildings in Itabashi-ku and Kita-ku

NEW
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EDITORS' PICK

Taisei-Yuraku developing apartment building in Otsuka
PROJECTS

Taisei-Yuraku developing apartment building in Otsuka

Chuo-ku's Taisei-Yuraku Real Estate will construct a rental apartment building with a retail space in Minami-Otsuka, Toshima-ku. Construction will start in June 2024, with completion targeted for March 2027.

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

Kyushu University redevelopment site preferential negotiation rights holder selected

Hotels are new darling of foreign investors in Japanese property

Mori Trust REIT to sell vacant store in Sagamihara City

DDI Japan acquires apartment buildings in Itabashi-ku and Kita-ku

Fund Creation sells Nihombashi-Horidomecho apartment building

Logistics Fund to acquire warehouse in Settsu City, Osaka

Loadstar Capital disposes of Hiroo building

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

Fuji Koeki moving into new Yaesu building

JR West subsidiary secures apartment development site in Nakano
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

Meldia reacquires building along Chuo-dori Street in Ginza

Meldia reacquires building along Chuo-dori Street in Ginza

NEW

Realgate acquires retail and office building in Meguro-ku

NEW

Fund Creation sells Nihombashi-Horidomecho apartment building

NEW

Kyushu University redevelopment site preferential negotiation rights holder selected

NEW

DDI Japan acquires apartment buildings in Itabashi-ku and Kita-ku

NEW
MORE

PROJECTS

Gotanda TOC reconstruction postponed nine years, closed building reopening

Gotanda TOC reconstruction postponed nine years, closed building reopening

NEW

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

Nippon Steel Kowa constructing mixed-use building in Minato-ku

1,500 m2 GFA retail building planned in Chiyoda-ku

Mitsubishi to build 65-unit apartment in Shirokane, Minato-ku
MORE

TENANTS

Space Shower relocating to Dogenzaka-Dori in Shibuya

Space Shower relocating to Dogenzaka-Dori in Shibuya

NEW

Fuji Koeki moving into new Yaesu building

NEW

Apparel company Csmen moving to Seavans South Building

NEW

Mitsui Home relocating to Shinkiba Center Building

Commons Asset Management, B Stone moving to Pola Aoyama 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

Kyushu University redevelopment site preferential negotiation rights holder selected

Kyushu University redevelopment site preferential negotiation rights holder selected

NEW

Logistics Fund to acquire warehouse in Settsu City, Osaka

NEW

KT Capital acquires elderly nursing home in Nagoya

Tokyu Group’s private fund to acquire hotel near Universal Studios Japan

LaSalle Logiport to conduct asset replacement
MORE

BUSINESS

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?
Singapore REITs snap up Japan data centers amid AI boom
BUSINESS

Singapore REITs snap up Japan data centers amid AI boom
Sumitomo Forestry to add 10,000 U.S. home rentals a year through 2027
BUSINESS

Sumitomo Forestry to add 10,000 U.S. home rentals a year through 2027
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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