Last Update: 11/04 2026 15:40 JST

NIKKEI REAL ESTATE MARKET REPORT

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Lifull sells four accommodation facilities for Y5.5bn
DEALS

Lifull sells four accommodation facilities for Y5.5bn

Lifull, a real estate information site operator, sold trust beneficiary interests in four villa-type accommodation facilities in Hakone-machi, Kanagawa Prefecture and other locations.

NEW
MFLP REIT fully acquiring Osaka Bayshore logistics facility
DEALS
LOCAL

MFLP REIT fully acquiring Osaka Bayshore logistics facility

NEW
Sekisui House REIT to acquire apartment in Hachioji
DEALS

Sekisui House REIT to acquire apartment in Hachioji

NEW
Mitsubishi developing apartment building with retail spaces in Setagaya-ku
PROJECTS

Mitsubishi developing apartment building with retail spaces in Setagaya-ku

NEW
Daiwa fund buy of Blackstone Tokyo office complex include retail digital securities
BUSINESS

Daiwa fund buy of Blackstone Tokyo office complex include retail digital securities
Toyota Fudosan acquires WeWork Nogizaka
DEALS

Toyota Fudosan acquires WeWork Nogizaka

LATEST NEWS

MFLP REIT fully acquiring Osaka Bayshore logistics facility
DEALS
LOCAL

MFLP REIT fully acquiring Osaka Bayshore logistics facility

NEW
Toyota Tsusho relocating Tokyo Head Office to Yaesu
TENANTS

Toyota Tsusho relocating Tokyo Head Office to Yaesu

NEW
Sekisui House REIT to acquire apartment in Hachioji
DEALS

Sekisui House REIT to acquire apartment in Hachioji

NEW
Lifull sells four accommodation facilities for Y5.5bn
DEALS

Lifull sells four accommodation facilities for Y5.5bn

NEW
Mitsubishi developing apartment building with retail spaces in Setagaya-ku
PROJECTS

Mitsubishi developing apartment building with retail spaces in Setagaya-ku

NEW
A.D. Works acquires apartment building in Azabu-Juban
DEALS

A.D. Works acquires apartment building in Azabu-Juban

NEW
Daiwa fund buy of Blackstone Tokyo office complex include retail digital securities
BUSINESS

Daiwa fund buy of Blackstone Tokyo office complex include retail digital securities
Japan weighs taxing real estate rental operators living overseas
BUSINESS

Japan weighs taxing real estate rental operators living overseas
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EDITORS' PICK

Japan Post Real Estate establishes AM company, Y10bn fund
TRENDS

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
DEALS

KKR sells domestic hotel portfolio with 3,468 guestrooms
Hong Kong’s Weave completes exit of large Y55bn residential fund
TRENDS

Hong Kong’s Weave completes exit of large Y55bn residential fund
Tokyo Tatemono joins first Australian logistics fund
TRENDS

Tokyo Tatemono joins first Australian logistics fund
Brookfield invests more than Y100bn in Japan residences
DEALS

Brookfield invests more than Y100bn in Japan residences
Hulic and peers spend $1.5bn on Tokyo office tower deal
BUSINESS

Hulic and peers spend $1.5bn on Tokyo office tower deal
Japanese life insurers expand investments in property amid inflation
BUSINESS

Japanese life insurers expand investments in property amid inflation
Keppel and its REIT to acquire two data centers in Inzai City, Chiba
DEALS

Keppel and its REIT to acquire two data centers in Inzai City, Chiba
Kasumigaseki Capital sells site in Miami, U.S., to Japanese fund
TRENDS

Kasumigaseki Capital sells site in Miami, U.S., to Japanese fund
GLP Japan’s latest fund completes closing with investment exceeding Y600bn
TRENDS

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

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Toyota Fudosan acquires WeWork Nogizaka

Daiwa fund buy of Blackstone Tokyo office complex include retail digital securities

Japan weighs taxing real estate rental operators living overseas

Mitsubishi HC Capital acquires Shin-Yokohama building

Ichigo Office REIT to sell Tokyo office buildings for Y19bn

Heiwa REIT reshuffling Y16bn worth of assets

Sun Frontier acquires Ikebukuro building from Hulic

Camcom to expand office at Meiji Yasuda Shinjuku Building

JR West subsidiary acquires apartment in Hiroo vicinity

Nippon REIT selling two properties for Y7.6bn
Castle in the Air
MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: OCTOBER 2026

Investigation

Castle in the Air

Tracing the origins of a 200 billion yen pipe dream of Minnade Oyasan

The castle tower featured in the pamphlet was never an investment target. A majority of investor money was siphoned out through third-party beneficiary transactions. The plan for an ultra-luxury hotel with stays priced at “5 million yen per night” dissipated without ever taking shape. The remaining funds evaporated into purchases of helicopters and bonsai plants. This article traces the transactions surrounding a theme park acquisition lauded as the “preparatory project” for the Narita development through data and sources close to the matter.

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

TRENDS

Daiichi Life Insurance, Nomura join JR East fund

Daiichi Life Insurance, Nomura join JR East fund

REIT KDX Kolet to list in November with Y91.9bn AUM

Dai-ichi Life affiliated REITs to merge, assets to reach Y300bn

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

Marubeni Asset Management launches fifth fund, cumulative AUM over Y100bn
MORE

DEALS

MFLP REIT fully acquiring Osaka Bayshore logistics facility

MFLP REIT fully acquiring Osaka Bayshore logistics facility

NEW

Sekisui House REIT to acquire apartment in Hachioji

NEW

Lifull sells four accommodation facilities for Y5.5bn

NEW

A.D. Works acquires apartment building in Azabu-Juban

NEW

Toyota Fudosan acquires WeWork Nogizaka
MORE

PROJECTS

Mitsubishi developing apartment building with retail spaces in Setagaya-ku

Mitsubishi developing apartment building with retail spaces in Setagaya-ku

NEW

Tokyu Land to develop three buildings in Sakuragaoka, Shibuya

Panasonic Homes and Marimo acquire Takanawa apartment building

TC Kobelco Real Estate developing hotel in Osaka’s Namba

Sanko Asset Management developing hotel in Akihabara
MORE

TENANTS

Toyota Tsusho relocating Tokyo Head Office to Yaesu

Toyota Tsusho relocating Tokyo Head Office to Yaesu

NEW

Camcom to expand office at Meiji Yasuda Shinjuku Building

Shionogi to move to Tamachi Station West Exit Area project

UCB Japan to move into Meiji Yasuda Shinjuku Building

System developer leasing two floors in Dogenzaka 2-Chome Project
MORE

STATS

Record-High Expect “Rise” in Logistics Facility Rents

Record-High Expect “Rise” in Logistics Facility Rents

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
MORE

LOCAL

MFLP REIT fully acquiring Osaka Bayshore logistics facility

MFLP REIT fully acquiring Osaka Bayshore logistics facility

NEW

Heiwa REIT reshuffling Y16bn worth of assets

Cosmos Initia secures hotel development site in Shinsaibashi

TC Kobelco Real Estate developing hotel in Osaka’s Namba

IIF REIT to make investment in hyperscale data center
MORE

BUSINESS

Daiwa fund buy of Blackstone Tokyo office complex include retail digital securities
BUSINESS

Daiwa fund buy of Blackstone Tokyo office complex include retail digital securities
Japan weighs taxing real estate rental operators living overseas
BUSINESS

Japan weighs taxing real estate rental operators living overseas
Tokyo ward seeks 5-year ban on condo resales at redevelopment project
BUSINESS

Tokyo ward seeks 5-year ban on condo resales at redevelopment project
Central Tokyo existing condo prices slip for 5th straight month
BUSINESS

Central Tokyo existing condo prices slip for 5th straight month
JR East steps up rail-linked retail push in Singapore, Philippines
BUSINESS

JR East steps up rail-linked retail push in Singapore, Philippines
Tokyo area condo prices hit half-year record, but signs of slowdown emerge
BUSINESS

Tokyo area condo prices hit half-year record, but signs of slowdown emerge
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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