Top - NIKKEI REAL ESTATE MARKET REPORT

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National Holiday: October 12 (Mon)

TOP STORY

Daiwa House acquires building in Aoyama

Daiwa House acquires building in Aoyama

Daiwa House Industry acquired a retail and office property in Minami-Aoyama, Minato-ku.

Sumitomo Forestry and Chuo-Nittochi to build apartment near Los Angeles

Sumitomo Forestry and Chuo-Nittochi to build apartment near Los Angeles

Compass Asset Management acquires newly built apartments in Setagaya-ku

Compass Asset Management acquires newly built apartments in Setagaya-ku

Ebisu Kaikan acquires Gotanda office building leased site

Ebisu Kaikan acquires Gotanda office building leased site

Masuya Asset Partners sells buildings in Shimbashi and Kanda

Masuya Asset Partners sells buildings in Shimbashi and Kanda

Hulic, others-invested SPC acquired office near Tokyo Station

Hulic, others-invested SPC acquired office near Tokyo Station

LATEST NEWS

Watahan acquires seven rental apartment buildings in Kanto area

Watahan acquires seven rental apartment buildings in Kanto area

Sumitomo Forestry and Chuo-Nittochi to build apartment near Los Angeles

Sumitomo Forestry and Chuo-Nittochi to build apartment near Los Angeles

GMO Asset Management acquires building in Aoyama

GMO Asset Management acquires building in Aoyama

Daiwa House acquires building in Aoyama

Daiwa House acquires building in Aoyama

Compass Asset Management acquires newly built apartments in Setagaya-ku

Compass Asset Management acquires newly built apartments in Setagaya-ku

Ebisu Kaikan acquires Gotanda office building leased site

Ebisu Kaikan acquires Gotanda office building leased site

Avac acquires retail building near Shinsaibashi-suji Shopping Street

Avac acquires retail building near Shinsaibashi-suji Shopping Street

The Global developing apartment building in Nihombashi-Tomizawacho

The Global developing apartment building in Nihombashi-Tomizawacho

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EDITORS' PICK

Japan Post Real Estate establishes AM company, Y10bn fund

Japan Post Real Estate establishes AM company, Y10bn fund

Japan Post Real Estate established Japan Post Real Estate Investment Management, which is an asset management company. The new company has set the achievement of an AUM of 50 billion yen [$310 million] by fiscal 2028 as its first target.

KKR sells domestic hotel portfolio with 3,468 guestrooms

KKR sells domestic hotel portfolio with 3,468 guestrooms

Hong Kong’s Weave completes exit of large Y55bn residential fund

Hong Kong’s Weave completes exit of large Y55bn residential fund

Tokyo Tatemono joins first Australian logistics fund

Tokyo Tatemono joins first Australian logistics fund

Brookfield invests more than Y100bn in Japan residences

Brookfield invests more than Y100bn in Japan residences

Hulic and peers spend $1.5bn on Tokyo office tower deal

Hulic and peers spend $1.5bn on Tokyo office tower deal

Japanese life insurers expand investments in property amid inflation

Japanese life insurers expand investments in property amid inflation

Keppel and its REIT to acquire two data centers in Inzai City, Chiba

Keppel and its REIT to acquire two data centers in Inzai City, Chiba

Kasumigaseki Capital sells site in Miami, U.S., to Japanese fund

Kasumigaseki Capital sells site in Miami, U.S., to Japanese fund

GLP Japan’s latest fund completes closing with investment exceeding Y600bn

GLP Japan’s latest fund completes closing with investment exceeding Y600bn

MOST READ

Hulic, others-invested SPC acquired office near Tokyo Station

Arozee acquires two buildings in Chuo-ku and Shibuya-ku

Sun Frontier Fudousan and Itochu jointly acquire Shiba building

Hoosiers acquires apartment development site in Nihombashi-Hamacho

BuySell to relocate to Shinjuku Nomura Building for office expansion

Kasumigaseki Capital acquires Shibuya office building

Keio Corporation sells Onarimon building

Sankei Building group forms private fund by acquiring Tokyo properties

Sunwood secures apartment development site near Ikebukuro Station

Frontier Estate acquires Nishi-Shinjuku building

System developer Airu moving to Nihonbashi Nomura Mitsui Tower

Mitsui Fudosan Retail Fund selling retail facility for Y3.9bn

JMF to acquire Shin-Yokohama office building for Y9.2bn

Marubeni Asset Management converting office to hotel in Hiroshima

Daiwa Securities Living REIT to conduct asset replacement worth Y8bn

NBF additionally acquires Gotanda office building

Japan Post Real Estate establishes AM company, Y10bn fund

Tokyo Theatres acquires building in Meguro-ku

Integral’s fund acquires buildings in Sendai and Shibuya

Jinushi to sell leased retail store site for Y9bn

Tokyu Land and Nippon Steel Kowa acquire Nibancho land interests

Goldman Castle Real Estate acquires retail building in Shoto, Shibuya-ku

Tokyo Tatemono and Misawa Homes developing hotel in Shimbashi

Mitsui to construct apartment building in Shinagawa-ku

Brookfield invests more than Y100bn in Japan residences

Sanofi and Aichi Steel move into Tofrom Yaesu Tower

PDM acquires rental apartment building near Tokyo Skytree

Taisei-Yuraku Real Estate starts rental apartment development in Takaido

Star Asia REIT replaces Osaka asset, invests in Hakone ryokan

Tokyo commercial land prices jump to 33-year high as remote work ebbs

Sakae and Meieki Compete

MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: SEPTEMBER 2026

Local Markets: Nagoya

Sakae and Meieki Compete

- Testing rent upside beyond 40,000 yen per tsubo

In the Nagoya office market, a case where a contract was concluded at 40,000 yen per tsubo [$74 per m²] was seen. Sakae and Meieki, the two poles of the office market, are reinforcing each other, causing continued rent growth. Due to strong tenant demand, investor interest continues to increase. However, people in the real estate industry appear subdued. A project to redevelop Nagoya Station area, which was expected to be a catalyst for the local economy, returned to square one at the end of last year due to the withdrawal of the general contractor. This report shows the untold turmoil during that time.

Under Construction Survey | Deals Roundup | Relocation Update | News Digest

TRENDS

Sumitomo Forestry and Chuo-Nittochi to build apartment near Los Angeles

Sumitomo Forestry and Chuo-Nittochi to build apartment near Los Angeles

Marubeni Asset Management launches fifth fund, cumulative AUM over Y100bn

Japan Post Real Estate establishes AM company, Y10bn fund

Former Murakami Fund affiliate offers new TOB for Sankei REIT

Hong Kong’s Weave completes exit of large Y55bn residential fund

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DEALS

Watahan acquires seven rental apartment buildings in Kanto area

Watahan acquires seven rental apartment buildings in Kanto area

GMO Asset Management acquires building in Aoyama

Daiwa House acquires building in Aoyama

Compass Asset Management acquires newly built apartments in Setagaya-ku

Ebisu Kaikan acquires Gotanda office building leased site

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PROJECTS

The Global developing apartment building in Nihombashi-Tomizawacho

The Global developing apartment building in Nihombashi-Tomizawacho

Hoosiers acquires apartment development site in Nihombashi-Hamacho

Daiichi Realtor developing hotels in Nihombashi-Bakurocho and Higashi-Ueno

Mitsubishi developing hotel with over 10,000 m2 GFA in Osaka’s Dotombori

Marubeni Asset Management converting office to hotel in Hiroshima

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TENANTS

BuySell to relocate to Shinjuku Nomura Building for office expansion

BuySell to relocate to Shinjuku Nomura Building for office expansion

System developer Airu moving to Nihonbashi Nomura Mitsui Tower

Sanofi and Aichi Steel move into Tofrom Yaesu Tower

Copia to relocate to Yaesu Core, scheduled for 2029 completion

Nivea-Kao to move into wooden high-rise building in Nihombashi-Honcho

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STATS

What Happens to Demolished Office Buildings?

What Happens to Demolished Office Buildings?

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

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LOCAL

Avac acquires retail building near Shinsaibashi-suji Shopping Street

Avac acquires retail building near Shinsaibashi-suji Shopping Street

Marubeni Asset Management converting office to hotel in Hiroshima

Integral’s fund acquires buildings in Sendai and Shibuya

Tokaido REIT sells leased site of Shizuoka machine yard

Mirarth REIT acquires Nagoya apartment and sells Nishi-Oi property

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BUSINESS

Mitsui to build data center in abandoned tunnel in Japan

Mitsui to build data center in abandoned tunnel in Japan

IHG to open premium hotels under new brand in Tokyo, marking first in Asia

Osaka's entertainment ambitions for former Expo site draw few takers

Osaka's entertainment ambitions for former Expo site draw few takers

Nozawa Onsen ski resort curbs development of tall hotels

Nozawa Onsen ski resort curbs development of tall hotels

Existing condo prices in central Tokyo down for 4th straight month

Existing condo prices in central Tokyo down for 4th straight month

Tokyo commercial land prices jump to 33-year high as remote work ebbs

Tokyo commercial land prices jump to 33-year high as remote work ebbs

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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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