Last Update: 11/06 2026 15:30 JST

NIKKEI REAL ESTATE MARKET REPORT

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Foreclosure sale procedures for Minnade Oyasan’s Osaka land suspended
TRENDS

Foreclosure sale procedures for Minnade Oyasan’s Osaka land suspended

The foreclosure sale procedures conducted by the Osaka District Court regarding the land in Soemoncho, Chuo-ku, Osaka City, which is the target of real estate crowdfunding product “Minnade Oyasan,” have been suspended.

NEW
Nippon Hotel & Residential REIT to sell Ooedo-Onsen Monogatari in Atami
DEALS
LOCAL

Nippon Hotel & Residential REIT to sell Ooedo-Onsen Monogatari in Atami

NEW
Vortex acquires setup office building in Shibuya
DEALS

Vortex acquires setup office building in Shibuya

NEW
Hashtag joins Y13.5bn-plus investment in six Hakata hotels
DEALS
LOCAL

Hashtag joins Y13.5bn-plus investment in six Hakata hotels

NEW
IIF selling Shizuoka logistics facility after eight-month hold
DEALS
LOCAL

IIF selling Shizuoka logistics facility after eight-month hold

NEW
Yagi Tsusho sells Shirokane apartment building
DEALS

Yagi Tsusho sells Shirokane apartment building

NEW

LATEST NEWS

Hashtag joins Y13.5bn-plus investment in six Hakata hotels
DEALS
LOCAL

Hashtag joins Y13.5bn-plus investment in six Hakata hotels

NEW
Vortex acquires setup office building in Shibuya
DEALS

Vortex acquires setup office building in Shibuya

NEW
IIF selling Shizuoka logistics facility after eight-month hold
DEALS
LOCAL

IIF selling Shizuoka logistics facility after eight-month hold

NEW
Nippon Hotel & Residential REIT to sell Ooedo-Onsen Monogatari in Atami
DEALS
LOCAL

Nippon Hotel & Residential REIT to sell Ooedo-Onsen Monogatari in Atami

NEW
Foreclosure sale procedures for Minnade Oyasan’s Osaka land suspended
TRENDS

Foreclosure sale procedures for Minnade Oyasan’s Osaka land suspended

NEW
Tokyu Livable sells five Shinjuku-ku accommodation properties
DEALS

Tokyu Livable sells five Shinjuku-ku accommodation properties

NEW
Yagi Tsusho sells Shirokane apartment building
DEALS

Yagi Tsusho sells Shirokane apartment building

NEW
Tokyo Garden Terrace Kioicho sold for over Y300bn, set for Japan's largest-ever STO
DEALS

Tokyo Garden Terrace Kioicho sold for over Y300bn, set for Japan's largest-ever STO

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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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Tokyo Garden Terrace Kioicho sold for over Y300bn, set for Japan's largest-ever STO

A.D. Works and Nankai acquire Nihombashi-Hamacho building

Toyota Fudosan acquires WeWork Nogizaka

MFLP REIT fully acquiring Osaka Bayshore logistics facility

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

Lifull sells four accommodation facilities for Y5.5bn

Sekisui House REIT to acquire apartment in Hachioji

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

Japan Oil Transportation to relocate to Osaki Riverwalk in 2027

Daiwa House developing 2,500 m2 GFA hotel in Asakusa vicinity
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

Foreclosure sale procedures for Minnade Oyasan’s Osaka land suspended

Foreclosure sale procedures for Minnade Oyasan’s Osaka land suspended

NEW

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
MORE

DEALS

Hashtag joins Y13.5bn-plus investment in six Hakata hotels

Hashtag joins Y13.5bn-plus investment in six Hakata hotels

NEW

Vortex acquires setup office building in Shibuya

NEW

IIF selling Shizuoka logistics facility after eight-month hold

NEW

Nippon Hotel & Residential REIT to sell Ooedo-Onsen Monogatari in Atami

NEW

Tokyu Livable sells five Shinjuku-ku accommodation properties

NEW
MORE

PROJECTS

Daiwa House developing 2,500 m2 GFA hotel in Asakusa vicinity

Daiwa House developing 2,500 m2 GFA hotel in Asakusa vicinity

NEW

Mitsubishi developing apartment building with retail spaces in Setagaya-ku

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
MORE

TENANTS

Japan Oil Transportation to relocate to Osaki Riverwalk in 2027

Japan Oil Transportation to relocate to Osaki Riverwalk in 2027

NEW

Toyota Tsusho relocating Tokyo Head Office to Yaesu

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
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

Hashtag joins Y13.5bn-plus investment in six Hakata hotels

Hashtag joins Y13.5bn-plus investment in six Hakata hotels

NEW

IIF selling Shizuoka logistics facility after eight-month hold

NEW

Nippon Hotel & Residential REIT to sell Ooedo-Onsen Monogatari in Atami

NEW

MFLP REIT fully acquiring Osaka Bayshore logistics facility

Heiwa REIT reshuffling Y16bn worth of assets
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
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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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