Last Update: 12/20 2024 14:20 JST

NIKKEI REAL ESTATE MARKET REPORT

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TOP STORY

Hulic REIT to conduct Y39.4bn asset replacement
DEALS

Hulic REIT to conduct Y39.4bn asset replacement

Hulic REIT concluded a sale and purchase agreement for an asset replacement totaling 39.4 billion yen [$260 million]. The REIT will acquire...

NEW
IIF funded SPC to acquire Y6.9bn Hyogo logistics facility
DEALS
LOCAL

IIF funded SPC to acquire Y6.9bn Hyogo logistics facility

NEW
IIF acquires Mitsubishi Fuso sales office, service shop in Shimonoseki
DEALS
LOCAL

IIF acquires Mitsubishi Fuso sales office, service shop in Shimonoseki

NEW
Admiral sells building in Torigoe, Taito-ku
DEALS

Admiral sells building in Torigoe, Taito-ku

NEW
Sora-Investment sells Moto-Azabu shared office facility
DEALS

Sora-Investment sells Moto-Azabu shared office facility

NEW
City Homes sells Azabu-Juban retail building
DEALS

City Homes sells Azabu-Juban retail building

LATEST NEWS

Three rental apartment buildings valued Y2.7bn sold in Tokyo
DEALS

Three rental apartment buildings valued Y2.7bn sold in Tokyo

NEW
IIF acquires Mitsubishi Fuso sales office, service shop in Shimonoseki
DEALS
LOCAL

IIF acquires Mitsubishi Fuso sales office, service shop in Shimonoseki

NEW
IIF funded SPC to acquire Y6.9bn Hyogo logistics facility
DEALS
LOCAL

IIF funded SPC to acquire Y6.9bn Hyogo logistics facility

NEW
Hulic REIT to conduct Y39.4bn asset replacement
DEALS

Hulic REIT to conduct Y39.4bn asset replacement

NEW
Admiral sells building in Torigoe, Taito-ku
DEALS

Admiral sells building in Torigoe, Taito-ku

NEW
Sora-Investment sells Moto-Azabu shared office facility
DEALS

Sora-Investment sells Moto-Azabu shared office facility

NEW
City Homes sells Azabu-Juban retail building
DEALS

City Homes sells Azabu-Juban retail building
Nippon Crown moving to MS Shibaura Building
TENANTS

Nippon Crown moving to MS Shibaura Building
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EDITORS' PICK

Mori Building invests in New York office building
TRENDS

Mori Building invests in New York office building

Mori Building acquired an 11% interest in an office building in Manhattan, New York City. The seller was...
Hong Kong’s Weave and U.S. KKR to investment in Japan
TRENDS

Hong Kong’s Weave and U.S. KKR to investment in Japan
Prologis REIT to acquire logistics facility in Yachiyo City, Chiba
DEALS

Prologis REIT to acquire logistics facility in Yachiyo City, Chiba
Shimizu developing Kansai logistics facility with 110,000 m2 GFA
PROJECTS

Shimizu developing Kansai logistics facility with 110,000 m2 GFA
REIT JMF to acquire office building in Nagoya
DEALS
LOCAL

REIT JMF to acquire office building in Nagoya
Hulic, Mitsubishi HC Capital acquires Global Gate in Nagoya
DEALS
LOCAL

Hulic, Mitsubishi HC Capital acquires Global Gate in Nagoya
Ascott to double 'hotel-in-residence' in Japan within 5 years
BUSINESS

Ascott to double 'hotel-in-residence' in Japan within 5 years
Singapore's CapitaLand to acquire Japan Hotel REIT sponsor
TRENDS

Singapore's CapitaLand to acquire Japan Hotel REIT sponsor
Blackstone wins first-negotiation rights for $2.6bn Tokyo deal
BUSINESS

Blackstone wins first-negotiation rights for $2.6bn Tokyo deal
Tokyo Gas shares jump 15% as Elliott buys 5% stake
BUSINESS

Tokyo Gas shares jump 15% as Elliott buys 5% stake

MOST READ

Today
Weekly
Monthly

Hulic REIT to conduct Y39.4bn asset replacement

IIF funded SPC to acquire Y6.9bn Hyogo logistics facility

Sora-Investment sells Moto-Azabu shared office facility

Hoshino Resorts REIT acquiring hotel in Shiraoicho, Hokkaido

NTT UD REIT reshuffling assets worth Y17.4bn

IIF acquires Mitsubishi Fuso sales office, service shop in Shimonoseki

City Homes sells Azabu-Juban retail building

Tokaido REIT acquires Kyoto office building

JMF investing in NSPR, increasing ownership to approximately 30%

KDX Realty REIT to replace Y31.1bn worth of assets
Foreign Players Taking the Lead
MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: DECEMBER 2024

Feature: Data Centers

Foreign Players Taking the Lead

Over 820,000 m2 GFA planned across Tokyo, Kanagawa and Chiba

Due to the growing demand for generative artificial intelligence (AI) and other technologies, projects to construct huge data centers are being planned one after another, with locations mainly in western Tokyo and the Chiba area. Development is also spreading to regional areas and site transactions are also active. On the other hand, issues such as securing electricity and environmental concerns have become more apparent. Movements to cooperate with leading foreign companies to gain know-how in development and operation are becoming active.

Trouble | Under Construction Survey | Market Knowledge | Deals Roundup | Relocation Update | News Digest

TRENDS

JMF investing in NSPR, increasing ownership to approximately 30%

JMF investing in NSPR, increasing ownership to approximately 30%

Sumitomo Forestry JV to develop apartment in North Carolina, U.S.

Mori Building invests in New York office building

Hong Kong’s Weave and U.S. KKR to investment in Japan

Singapore's CapitaLand to acquire Japan Hotel REIT sponsor
MORE

DEALS

Three rental apartment buildings valued Y2.7bn sold in Tokyo

Three rental apartment buildings valued Y2.7bn sold in Tokyo

NEW

IIF acquires Mitsubishi Fuso sales office, service shop in Shimonoseki

NEW

IIF funded SPC to acquire Y6.9bn Hyogo logistics facility

NEW

Hulic REIT to conduct Y39.4bn asset replacement

NEW

Admiral sells building in Torigoe, Taito-ku

NEW
MORE

PROJECTS

Mitsubishi, Himedic developing nursing home in Nishi-Azabu

Mitsubishi, Himedic developing nursing home in Nishi-Azabu

Sumitomo Corp developing apartment building in Asakusabashi

Daiwa House to develop building in Yokohama’s Isezaki Mall

NTT Urban developing 4,400 m2 GFA office building in Shiba, Minato-ku

Hulic to reconstruct building in Omotesando
MORE

TENANTS

Nippon Crown moving to MS Shibaura Building

Nippon Crown moving to MS Shibaura Building

HR service company Upty moving to JR Ebisu Building

NTT Data Intellilink concentrating offices at JP Tower

Publishing company TO Books to relocate to Shibuya Tower

Ryoden, Japan Valuers to move into Kojimachi Kousai Building
MORE

STATS

Record High Transaction Volume

Record High Transaction Volume

Head Office Building Sales Increasing Again

Hotel Market Remains Strong

Growing Data Center Market

Japanese market transparency ranked 11th, fee disclosure an issue
MORE

LOCAL

IIF acquires Mitsubishi Fuso sales office, service shop in Shimonoseki

IIF acquires Mitsubishi Fuso sales office, service shop in Shimonoseki

NEW

IIF funded SPC to acquire Y6.9bn Hyogo logistics facility

NEW

NTT UD REIT reshuffling assets worth Y17.4bn

Hoshino Resorts REIT acquiring hotel in Shiraoicho, Hokkaido

KDX Realty REIT to replace Y31.1bn worth of assets
MORE

BUSINESS

Tokyo-area apartment rents sink for fifth straight month
BUSINESS

Tokyo-area apartment rents sink for fifth straight month
Seibu's $2.6bn property sale sign of Japan's business renewal drive
BUSINESS

Seibu's $2.6bn property sale sign of Japan's business renewal drive
Fortress lands bid for Hawaiian-themed resort in Japan, adding to hotel, golf holdings
BUSINESS

Fortress lands bid for Hawaiian-themed resort in Japan, adding to hotel, golf holdings
Bain, KKR and JIP advance in bid for Seven & i's noncore ops
BUSINESS

Bain, KKR and JIP advance in bid for Seven & i's noncore ops
Buying a condo in Japan costs 10 times average salary
BUSINESS

Buying a condo in Japan costs 10 times average salary
Tokyo's central business district grows into hotel hot spot
BUSINESS

Tokyo's central business district grows into hotel hot spot
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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