Top - NIKKEI REAL ESTATE MARKET REPORT

CPPIB to invest in Japan with Mitsubishi Estate

Canada Pension Plan Investment Board (CPP Investments) will start investing in real estate in Japan in collaboration with the Mitsubishi Estate group. The initial equity is... ≫

NYK Line to build 10,000m2 complex near Onarimon Station in Minato-ku

Shipping company Nippon Yusen Kaisha (NYK Line) will reconstruct two buildings in Nishi-Shimbashi, Minato-ku, into a single rental building. Construction will start in April 2022 with completion slated for September 2024. ≫

GLP flagship logistics facilities opening in Tokyo metropolitan area

The business development of Alfalink, the flagship logistics facility brand of GLP Japan, has been shifted into high gear. The opening ceremonies were held one after the other for two bases in the Tokyo metropolitan area. ≫

Mitsui’s logistics REIT to acquire three properties for Y44.6bn

REIT Mitsui Fudosan Logistics Park (MFLP) will acquire three logistics facilities located in Yachiyo City, Chiba Prefecture, Osaka City, etc. for a total of 44. 6 billion yen [$380 million]. ≫

Hong Kong’s institutional investor acquires Asakusa hotel

Glory Temple GK, which is a special purpose company invested in by an institutional investor in Hong Kong, acquired a hotel in Hanakawado, Taito-ku. The seller was... ≫

Kansai Electric subsidiary acquires office building in Hatchobori, Chuo-ku

Osaka City's Kanden Realty & Development, which is a subsidiary of the Kansai Electric Power Company (KEPCO), acquired an office property in Hatchobori, Chuo-ku. The seller was... ≫

Higashi-Gotanda Redevelopment targets completion in 2027

The business plan of Higashi-Gotanda Ni-Chome District 3 Category I Urban Redevelopment Project which is under consideration in Higashi-Gotanda, Shinagawa-ku was complied. ≫

Japan's tallest skyscraper to include $43,000 a month apartments

Japan's tallest building under construction here by Mitsubishi Estate will include about 50 luxury apartments, marking a major shift away from devoting space to offices as the rise of telecommuting changes the face of real estate. ≫

LATEST NEWSMore

Kiuchi Construction unit constructing Ichigaya apartment building 01.18.2022

Medical system developer Findex moving to Tokyo Sankei Building 01.18.2022

J1planning sells building in Kiba, Koto-ku 01.17.2022

NYK Line to build 10,000m2 complex near Onarimon Station in Minato-ku 01.17.2022

Tokyu Livable to construct apartment building in Ebisu, Shibuya-ku 01.17.2022

CPPIB to invest in Japan with Mitsubishi Estate 01.17.2022

Nomura developing retail facility in Kiba, Koto-ku 01.14.2022

Staffing company moving to Bygs Shinjuku Building, expanding office space 01.14.2022

Newly built apartment in Shinjuku-ku traded 01.14.2022

GLP flagship logistics facilities opening in Tokyo metropolitan area 01.14.2022

Local Markets: Fukuoka

Office Market Still Strong

First Tenjin Big Bang property completed, signs of recovery in hotel investments

In Fukuoka, Tenjin Business Center, which is the first property in the redevelopment promotion project “Tenjin Big Bang,” was completed in September 2021. It realized the highest level of contracted rent among the office buildings in the city, which had an affect on the market rent of buildings in the surrounding area. As for transactions in the central area, the needs to acquire rental apartments are increasing and hotel investments, which remained sluggish for a long time, are also becoming active. ≫

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