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NOTICE

Announcement : Site Renewal and Price Change

TOP STORY

Mitsubishi to triple logistics spending for batteries and self-driving

Mitsubishi to triple logistics spending for batteries and self-driving

Mitsubishi Estate plans to spend 500 billion yen [$3.3 billion] over the next decade developing logistics facilities, Nikkei has learned, seeking to build warehouses that can store automobile batteries or accommodate self-driving trucks.

GMO to acquire additional interest in Setagaya Business Square

GMO to acquire additional interest in Setagaya Business Square

IIF acquiring three leased sites of tank terminals

IIF acquiring three leased sites of tank terminals

Advance Residence to sell apartment building in Shinagawa

Advance Residence to sell apartment building in Shinagawa

SBI Private REIT incorporating Higashi-Kanda building into portfolio

SBI Private REIT incorporating Higashi-Kanda building into portfolio

Sun Frontier acquires office building in Akihabara vicinity

Sun Frontier acquires office building in Akihabara vicinity

LATEST NEWS

New York's Kitano Hotel to reopen under Seibu Prince management

New York's Kitano Hotel to reopen under Seibu Prince management

Mitsubishi to triple logistics spending for batteries and self-driving

Mitsubishi to triple logistics spending for batteries and self-driving

Seibu opens upscale department store in Malaysia

Seibu opens upscale department store in Malaysia

IIF acquiring three leased sites of tank terminals

IIF acquiring three leased sites of tank terminals

Advance Residence to sell apartment building in Shinagawa

Advance Residence to sell apartment building in Shinagawa

GMO to acquire additional interest in Setagaya Business Square

GMO to acquire additional interest in Setagaya Business Square

SBI Private REIT incorporating Higashi-Kanda building into portfolio

SBI Private REIT incorporating Higashi-Kanda building into portfolio

P's Corporation developing retail and office building in Shibuya

P's Corporation developing retail and office building in Shibuya

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EDITORS' PICK

Asian ultraluxury resort brands make inroads in Japan

Asian ultraluxury resort brands make inroads in Japan

Asian ultraluxury resort companies are expanding into Japan to tap demand from wealthy overseas travelers and take advantage of the weak yen.

Sumitomo to pump $3.3bn into India development

Sumitomo to pump $3.3bn into India development

Mitsui & Co. Digital AM acquires hotels from Hong Kong’s Phoenix

Mitsui & Co. Digital AM acquires hotels from Hong Kong’s Phoenix

Foreign tourists in Japan recover to pre-COVID levels

Foreign tourists in Japan recover to pre-COVID levels

LaSalle Logiport to replace Chiba asset with Aichi asset

LaSalle Logiport to replace Chiba asset with Aichi asset

Japan developers boost hotel investment as foreign tourists flood in

Japan developers boost hotel investment as foreign tourists flood in

Dai-ichi Life and Marubeni invest Y10bn in logistics facility

Dai-ichi Life and Marubeni invest Y10bn in logistics facility

Sumitomo JV developing Iidabashi building with 300,000 m2 GFA

Sumitomo JV developing Iidabashi building with 300,000 m2 GFA

Imperial Hotel partly selling reconstruction project site for Y62bn

Imperial Hotel partly selling reconstruction project site for Y62bn

Daiwa Securities Living REIT to acquire 19 properties for Y45bn

Daiwa Securities Living REIT to acquire 19 properties for Y45bn

MOST READ

New York's Kitano Hotel to reopen under Seibu Prince management

Advance Residence to sell apartment building in Shinagawa

GMO to acquire additional interest in Setagaya Business Square

Mitsubishi to triple logistics spending for batteries and self-driving

Sun Frontier acquires office building in Akihabara vicinity

P's Corporation developing retail and office building in Shibuya

Seibu opens upscale department store in Malaysia

SBI Private REIT incorporating Higashi-Kanda building into portfolio

IIF acquiring three leased sites of tank terminals

Hanewfoods relocating Tokyo office to Hamamatsucho WTC South

Setagaya-ku apartment building changes hands

Resonac Holdings to sell former headquarters, gaining Y18.3bn

Sotetsu Urban Creates acquires Shin-Yokohama building

Kanden Realty & Development join project in Sydney suburbs

Kyokuto Kowa moving into Sumitomo Fudosan Osaki Twin Building East

Hoosiers to develop apartments in Bunkyo-ku and Setagaya-ku

Airport Facilities acquires building from Daiwa House

Meiho Enterprise secures apartment development site in Shinjuku-ku

Beenos relocating to Gotanda JP Building

PHC Holdings moving to Dai-ichi Life Hibiya First, reducing space

Union Tec to relocate to newly built Dogenzaka-Dori

Faith Network developing apartment building in Nogizaka

Mori Trust plans $8bn diversification after Park Avenue buy

Airport Facilities acquires building from Daiwa House

Okinawa's 'Miyakojima bubble': tourism boom drives up land prices

Nankai Railway developing office and retail building in Osaka’s Namba

Gakushikaikan to be redeveloped jointly with Sumitomo Corp

Meiho Enterprise secures apartment development site in Shinjuku-ku

Aura Investment acquires two adjacent buildings in Arakawa-ku

Dolbix Consulting moving to Muromachi Furukawa Mitsui Building

Rush of Store Openings

MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: NOVEMBER 2023

Area in Focus: Ginza

Rush of Store Openings

Rents on high streets exceed pre-Covid-19 levels

In the Ginza area, while there are some transactions involving large properties, due to the shortage of properties for sale and the rise in prices, it has become increasingly difficult to complete these transactions. On the other hand, in the rental market, luxury brands continue to proactively open stores on high streets, a move that is supported by the recovery in inbound tourism. The rent level on high streets has, for the first time, exceeded the pre-coronavirus (Covid-19) level.

Transactions | Occupier Market | Market Knowledge | Deals Roundup | Relocation Update | News Digest

TRENDS

Sumitomo Forestry and others to develop apartments near Washington D.C.

Sumitomo Forestry and others to develop apartments near Washington D.C.

Consortium of Mitsubishi invests Y100bn in Sydney, Australia

Marubeni launching third residential development project in India

Tokyo Gas developing second condominium in Adelaide, Australia

Kanden Realty & Development join project in Sydney suburbs

MORE

DEALS

IIF acquiring three leased sites of tank terminals

IIF acquiring three leased sites of tank terminals

Advance Residence to sell apartment building in Shinagawa

GMO to acquire additional interest in Setagaya Business Square

SBI Private REIT incorporating Higashi-Kanda building into portfolio

Sun Frontier acquires office building in Akihabara vicinity

MORE

PROJECTS

P's Corporation developing retail and office building in Shibuya

P's Corporation developing retail and office building in Shibuya

Keikyu Real Estate developing apartment building in Tsukishima, Chuo-ku

City Homes developing retail building in Kachidoki, Chuo-ku

Sunwood developing retail building in Jingumae, Shibuya-ku

Gakushikaikan to be redeveloped jointly with Sumitomo Corp

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TENANTS

Hanewfoods relocating Tokyo office to Hamamatsucho WTC South

Hanewfoods relocating Tokyo office to Hamamatsucho WTC South

Hagiwara Electric opening base in Shinagawa East One Tower

Net Japan to relocate to Orix Ueno 1-Chome Building

Nippon Kinzoku to sell headquarters and move to G-Base Tamachi

Kyokuto Kowa moving into Sumitomo Fudosan Osaki Twin Building East

MORE

STATS

Repurposing Large-Scale Retail Sites

Repurposing Large-Scale Retail Sites

Investment Appetite Persists

Office Market Faces Crucial Times

Green Building Benefits

Loan balance to real estate industry reaches record Y112tn

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LOCAL

IIF acquiring three leased sites of tank terminals

IIF acquiring three leased sites of tank terminals

Heiwa REIT to sell apartment in Nishi-ku, Osaka City

Es-Con acquires four development sites in Hokkaido

Ascot incorporating four Tokyo and Osaka properties into fund

Mitsubishi private REIT acquired new Osaka City apartment building

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BUSINESS

New York's Kitano Hotel to reopen under Seibu Prince management

New York's Kitano Hotel to reopen under Seibu Prince management

Mitsubishi to triple logistics spending for batteries and self-driving

Mitsubishi to triple logistics spending for batteries and self-driving

Seibu opens upscale department store in Malaysia

Seibu opens upscale department store in Malaysia

Goldman Sachs to accelerate Japan push, wealth management head says

Goldman Sachs to accelerate Japan push, wealth management head says

Sumitomo Forestry to build 7,000 homes in Southeast Asia over 5 years

Sumitomo Forestry to build 7,000 homes in Southeast Asia over 5 years

Okinawa's 'Miyakojima bubble': tourism boom drives up land prices

Okinawa's 'Miyakojima bubble': tourism boom drives up land prices

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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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