Last Update: 04/23 2024 14:30 JST

NIKKEI REAL ESTATE MARKET REPORT

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Sekisui House acquires former Takeo Miki Memorial Hall in Shibuya vicinity
DEALS

Sekisui House acquires former Takeo Miki Memorial Hall in Shibuya vicinity

Sekisui House acquired former Takeo Miki Memorial Hall in Nampeidaicho, Shibuya-ku. The residence of Takeo Miki, the 66th Prime Minister of Japan, was used as the memorial building, but it closed. Sekisui House has yet to disclose its plans.

NEW
JR West subsidiary secures apartment development site in Nakano
DEALS

JR West subsidiary secures apartment development site in Nakano

NEW
Hotels are new darling of foreign investors in Japanese property
BUSINESS

Hotels are new darling of foreign investors in Japanese property

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

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

NEW
Hulic sells seven buildings in five central Tokyo wards
DEALS

Hulic sells seven buildings in five central Tokyo wards

NEW
Vortex acquires Akihabara office building from Mitsubishi
DEALS

Vortex acquires Akihabara office building from Mitsubishi

NEW

LATEST NEWS

Sekisui House acquires former Takeo Miki Memorial Hall in Shibuya vicinity
DEALS

Sekisui House acquires former Takeo Miki Memorial Hall in Shibuya vicinity

NEW
Commons Asset Management, B Stone moving to Pola Aoyama Building
TENANTS

Commons Asset Management, B Stone moving to Pola Aoyama Building

NEW
Investment manager J-Star to occupy Dai-ichi Life Hibiya First
TENANTS

Investment manager J-Star to occupy Dai-ichi Life Hibiya First

NEW
JR West subsidiary secures apartment development site in Nakano
DEALS

JR West subsidiary secures apartment development site in Nakano

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

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

NEW
Hotels are new darling of foreign investors in Japanese property
BUSINESS

Hotels are new darling of foreign investors in Japanese property

NEW
Vortex acquires Akihabara office building from Mitsubishi
DEALS

Vortex acquires Akihabara office building from Mitsubishi

NEW
Tsukiji, Chuo-ku rental apartment building sold
DEALS

Tsukiji, Chuo-ku rental apartment building sold

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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

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Monthly

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

Hotels are new darling of foreign investors in Japanese property

Hulic sells seven buildings in five central Tokyo wards

Daiwa House REIT to sell three logistics facilities for Y22.5bn

Vortex acquires Akihabara office building from Mitsubishi

250 m2 development site in Sumida-ku changes hands

Takashimaya eyes 2026 opening for new Vietnam shopping center

Tsukiji, Chuo-ku rental apartment building sold

Online music distributor Spotify moving to new Shibuya building

CLSA moving into Toranomon Hills Station Tower
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
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DEALS

Sekisui House acquires former Takeo Miki Memorial Hall in Shibuya vicinity

Sekisui House acquires former Takeo Miki Memorial Hall in Shibuya vicinity

NEW

JR West subsidiary secures apartment development site in Nakano

NEW

Vortex acquires Akihabara office building from Mitsubishi

NEW

Tsukiji, Chuo-ku rental apartment building sold

NEW

250 m2 development site in Sumida-ku changes hands

NEW
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PROJECTS

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

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

Taiwanese company developing building in Azabudai, Minato-ku
MORE

TENANTS

Commons Asset Management, B Stone moving to Pola Aoyama Building

Commons Asset Management, B Stone moving to Pola Aoyama Building

NEW

Investment manager J-Star to occupy Dai-ichi Life Hibiya First

NEW

Online music distributor Spotify moving to new Shibuya building

NEW

JSA moving to Mita Avanti, leasing just under 1,000 tsubos

Web media operator Excite moving to Azabudai Hills
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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

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

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

LaSalle Logiport to conduct asset replacement

Aeon REIT to acquire additionally constructed Aeon Mall Ota building

Mitsubishi logistics REIT acquiring warehouse in Ichinomiya City, Aichi

Rio acquires office buildings in Mie, Niigata and Shizuoka
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BUSINESS

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

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

NEW
Hotels are new darling of foreign investors in Japanese property
BUSINESS

Hotels are new darling of foreign investors in Japanese property

NEW
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
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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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