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TOP STORY

Saxa acquiring new Shin-Yokohama building

Saxa acquiring new Shin-Yokohama building

Telecommunication and security equipment manufacturer Saxa will acquire an office building in Shin-Yokohama, Kohoku-ku, Yokohama City.

MLIT seeks public comment, encouraging appraisal use

MLIT seeks public comment, encouraging appraisal use

Ares fund acquires three logistics properties from external entities

Ares fund acquires three logistics properties from external entities

Mitsubishi sells office building in Ichigaya

Mitsubishi sells office building in Ichigaya

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

Ajinomoto headquarters buildings acquired by Shimizu and Nomura

Ajinomoto headquarters buildings acquired by Shimizu and Nomura

LATEST NEWS

Credit Agricole Life moving from Shiodome to Azabudai Hills

Credit Agricole Life moving from Shiodome to Azabudai Hills

Construction DX business Rvsta relocating to Tofrom Yaesu

Construction DX business Rvsta relocating to Tofrom Yaesu

MLIT seeks public comment, encouraging appraisal use

MLIT seeks public comment, encouraging appraisal use

More Expecting Downturn Phase in Six Months

More Expecting Downturn Phase in Six Months

Daito Trust Construction to conduct TOB for The Global

Daito Trust Construction to conduct TOB for The Global

Jyukyo Kensetsu developing apartment building in Ota-ku

Jyukyo Kensetsu developing apartment building in Ota-ku

Saxa acquiring new Shin-Yokohama building

Saxa acquiring new Shin-Yokohama building

Nomura developing rental apartment building in Shinagawa-ku

Nomura developing rental apartment building in Shinagawa-ku

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EDITORS' PICK

Mitsubishi logistics REIT’s bridge fund to acquire Nagoya warehouse

Mitsubishi logistics REIT’s bridge fund to acquire Nagoya warehouse

MRB1 GK, which is a special purpose company invested in by Mitsubishi Estate Logistics REIT and others, will acquire a logistics facility in Shinagawacho, Minato-ku, Nagoya City. It is a BTS-type facility developed for Amazon Japan by Mitsubishi Estate.

Nomura Real Asset Investment acquires large hotel in Namba, Osaka

Nomura Real Asset Investment acquires large hotel in Namba, Osaka

LaSalle Logiport to invest in Kobe logistics facility development project

LaSalle Logiport to invest in Kobe logistics facility development project

Blackstone to invest $15bn in Japan over three years

Blackstone to invest $15bn in Japan over three years

Mitsui & Co. sells interest in owned building in Osaka

Mitsui & Co. sells interest in owned building in Osaka

Hulic to sell large mixed-use facility in Minato Mirai

Hulic to sell large mixed-use facility in Minato Mirai

Singapore’s UI Boustead REIT lists with Koto-ku office and others

Singapore’s UI Boustead REIT lists with Koto-ku office and others

Norinchukin Bank eyes Japan real estate with CBRE after huge bond loss

Norinchukin Bank eyes Japan real estate with CBRE after huge bond loss

Tokyo office space supply runs low amid record demand, project delays

Tokyo office space supply runs low amid record demand, project delays

CBRE IM and Nextdc to develop data center near Tokyo Tower

CBRE IM and Nextdc to develop data center near Tokyo Tower

MOST READ

Ares fund acquires three logistics properties from external entities

Mitsubishi sells office building in Ichigaya

Nomura developing rental apartment building in Shinagawa-ku

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

Properst sells newly built apartment in Shinjuku-ku

Realgate acquires apartment building for rehabilitation purposes

TerraSky to relocate to Tofrom Yaesu Tower

NTT Urban developing two apartment buildings in Suginami-ku

Ajinomoto headquarters buildings acquired by Shimizu and Nomura

Leverages to establish new office in Osaki Riverwalk Garden

Tokyu REIT obtains negotiation rights to acquire apartment buildings

JMF acquiring retail facility under construction in Saitama

Trial, Seiyu concentrating offices in Sumitomo Fudosan Tamachi Building

Mitsui & Co. Digital Asset Management conducts STO

Integral acquires Chiba warehouse from LaSalle Logiport REIT invested SPC

Orix JREIT to acquire two residential properties in Osaka

SMFL Mirai Partners acquires Fukuoka logistics facility

Nomura acquires retail and office building in Shirokanedai, Minato-ku

Sanko Seika to open office in PMO Shibuya II

Hankyu Hanshin Properties and Haseko acquire warehouse in Shinagawa vicinity

Orix JREIT to conduct asset replacement worth Y28.5bn

FPG acquires Shinsaibashi building and part of Roppongi Hills Mori Tower

SPC backed by Sosila Logistics REIT to acquire three logistics facilities

Mitsubishi developing rental apartment building in Asakusa

Sky Field Corp moving to IT Tower Tokyo

JLF to acquire Saga logistics facility and Yokohama leased site

Vortex acquires office and retail building in Akasaka

Frank acquires apartment building in Nezu, Bunkyo-ku

Avalsec’s SPC developing luxury hotel in Ginza

Sala acquires Aichi apartment buildings from Ichigo Private REIT

Leasing Competition Shifts to Post-2027

MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: APRIL 2026

Occupier Market

Leasing Competition Shifts to Post-2027

Secured tenant rate for 43 Tokyo buildings reaches 90%

The rate of formally or informally secured tenants (occupancy rate) in newly constructed large office buildings in central Tokyo continues to rise, with the market in excellent shape. The overall average occupancy rate of the 43 buildings scheduled for completion by April 2027 is 90%, up four percentage points from the previous survey conducted six months ago. Of these, 24 buildings are fully occupied, including some that are not yet complete. This represents over 50%, based on the number of buildings.

Case Study | Market Knowledge | Deals Roundup | Relocation Update | News Digest

TRENDS

MLIT seeks public comment, encouraging appraisal use

MLIT seeks public comment, encouraging appraisal use

Daito Trust Construction to conduct TOB for The Global

LaSalle Logiport to invest in Kobe logistics facility development project

Es-Con Japan to acquire Ark Real Estate assets

REIT Global One’s management company to consolidate over 20 shareholders

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DEALS

Saxa acquiring new Shin-Yokohama building

Saxa acquiring new Shin-Yokohama building

Properst sells newly built apartment in Shinjuku-ku

Ares fund acquires three logistics properties from external entities

Mitsubishi sells office building in Ichigaya

Realgate acquires apartment building for rehabilitation purposes

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PROJECTS

Jyukyo Kensetsu developing apartment building in Ota-ku

Jyukyo Kensetsu developing apartment building in Ota-ku

Nomura developing rental apartment building in Shinagawa-ku

NTT Urban developing two apartment buildings in Suginami-ku

Keikyu, Japan Post developing apartment building in Ota-ku

Totsu Fudosan Toshi developing its own brand hotel in Shibaura

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TENANTS

Credit Agricole Life moving from Shiodome to Azabudai Hills

Credit Agricole Life moving from Shiodome to Azabudai Hills

Construction DX business Rvsta relocating to Tofrom Yaesu

TerraSky to relocate to Tofrom Yaesu Tower

Leverages to establish new office in Osaki Riverwalk Garden

EPLink relocating to newly constructed PMO Ichigaya

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STATS

More Expecting Downturn Phase in Six Months

More Expecting Downturn Phase in Six Months

Tokyo Office Rents to Rise 16% Over Next Five Years

Logistics Facility Vacancy Rate in Greater Tokyo Area Drops

Real estate industry loans remain strong, outstanding loans exceed Y140tn

20% of Companies Hold Idle Real Estate

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LOCAL

Ares fund acquires three logistics properties from external entities

Ares fund acquires three logistics properties from external entities

Orix JREIT to acquire two residential properties in Osaka

Mitsui & Co. Digital Asset Management conducts STO

Mitsubishi logistics REIT’s bridge fund to acquire Nagoya warehouse

SMFL Mirai Partners acquires Fukuoka logistics facility

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BUSINESS

Advantage Partners to invest $3bn over five years in Japan real estate

Advantage Partners to invest $3bn over five years in Japan real estate

Central Tokyo existing-condo prices dip for 1st time in 3 years

Central Tokyo existing-condo prices dip for 1st time in 3 years

Blackstone to invest $15bn in Japan over three years

Blackstone to invest $15bn in Japan over three years

Foreign-led development draws Japan firms to Niigata ski resort Myoko

Foreign-led development draws Japan firms to Niigata ski resort Myoko

US startup offers furnished apartments in Tokyo for digital nomads

US startup offers furnished apartments in Tokyo for digital nomads

Norinchukin Bank eyes Japan real estate with CBRE after huge bond loss

Norinchukin Bank eyes Japan real estate with CBRE after huge bond loss

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DATA

Transaction Data

73 Transactions Data - Up to May, 2009

2009.6.25

103 Transactions Data - Up to April, 2009

2009.5.29

74 Transactions Data - Up to March, 2009

2009.4.30

81 Transactions Data - Up to February, 2009

2009.3.31

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

2010.1.7

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