Last Update: 03/02 2021 14:00 JST

Sumitomo developing 32,500m2 GFA office building in Roppongi

Sumitomo Realty & Development will develop an office building in Roppongi, Minato-ku. Construction will start in May 2021, with completion targeted for September 2024.

Mitsubishi Tanabe Pharma cancels move to Tokiwabashi Tower

Mitsubishi Tanabe Pharma appears to have canceled its relocation to Tokiwabashi Tower, which is under construction in front of JR Tokyo Station.

Sankei sells new apartment building in Nihombashi-Hamacho

Chiyoda-ku's Sankei Building, a real estate arm of media conglomerate the Fuji Media Holdings, sold a rental apartment building in Nihombashi-Hamacho, Chuo-ku.

Singapore’s TE Capital acquires three Tokyo properties

Singapore's TE Capital Partners acquired three rental apartment buildings in Tokyo through a special purpose company.

Tokyu Land developing Shibuya office building using wood

Tokyu Land will construct a rental office building using timber in Dogenzaka, Shibuya-ku. Construction will start in April 2021, with completion targeted for July 2022.

Kenedix Retail REIT to sell Hirakata City retail facility

Kenedix Retail REIT will sell a retail facility in Hirakata City, Osaka Prefecture. With this transaction, the REIT’s acquisition price based AUM will be approximately 221.86 billion yen [$2.1 billion].



Past Monthly Reports
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Transactions: 2020

Staying Afloat

Transaction volume up, difference among sectors conspicuous
The 2020 year started and ended with the topic of coronavirus (Covid-19). Although there were concerns over a significant impact on the real estate market, after the year passed it turned out that the sales transaction amount was eventually about the same level as that for the previous year. Acquisitions of office buildings and residences made mainly by foreign players were active, and the frequent mega deals pushed up the total amount.
Occupier Market | Market Knowledge | Deals Roundup | Relocation Update | News Digest

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