Top - NIKKEI REAL ESTATE MARKET REPORT

Mitsubishi’s private REIT acquires apartment building in Meguro-ku

Nippon Open Ended REIT acquired a rental apartment in Nakacho, Meguro-ku. The seller was... ≫

Pasona to exclusively lease Avex Building in Aoyama

Staffing company Pasona Group will lease Avex Building in its entirety in Minami-Aoyama, Minato-ku. ≫

Systems integrator JSOL leasing 2,200 tsubos in new Kudan building

JSOL, a systems integrator, will relocate its Tokyo Head Office to tentatively-named Kudan-Minami Itchome Project, which will be completed in 2022. JSOL, the shares of which are held by NTT Data and Japan Research Institute, collectively handles operations from system construction to outsourcing. ≫

Diamond Realty Management forms U.S. logistics development fund

Chiyoda-ku based Diamond Realty Management (DREAM), which is a subsidiary of trading firm Mitsubishi Corporation, formed DREAM US Fund 4. This is the fourth fund in the series which provides investment opportunities in real estate development projects in the U.S. to Japanese institutional investors. ≫

Mitsui & Co. undertakes Saitama warehouse asset management

Mitsui & Co., Realty Management of Chiyoda-ku was entrusted with the asset management of a logistics facility in Hasuda City, Saitama Prefecture. ≫

APL receives Y3.6bn for energy-saving renovation

General incorporated association Real Estate Sustainability & Energy-Efficiency Diffusion (Re-Seed) invested around 3.6 billion yen [$31 million] in a special purpose company of Asia Pacific Land (APL), which owns the retail facility Coaska Bayside Stores (formerly Shoppers Plaza Yokosuka) in Yokosuka City, Kanagawa Prefecture. ≫

ESR developing 105,000 m2 GFA warehouse in Kazo City, Saitama Prefecture

Minato-ku's ESR will develop a multi-tenant logistics facility, in Shimo-Hiyarikawa, Kazo City, Saitama Prefecture. The facility will have four floors above ground with 105,315 m2 of gross floor area. This is the company's 32nd project in Japan and its sixth in Saitama Prefecture. ≫

PAG sells Shinsaibashi retail building

PAG Investment Management sold a retail building in Shinsaibashisuji, Chuo-ku, Osaka City. The buyer was... ≫

LATEST NEWSMore

Pasona to exclusively lease Avex Building in Aoyama 12.08.2021

Keio Realty secures apartment development site in Setagaya-ku 12.08.2021

Mitsubishi’s private REIT acquires apartment building in Meguro-ku 12.08.2021

Fujiken secures apartment development site in Koraku, Bunkyo-ku 12.08.2021

Publisher Orangepage relocating to Mita Kokusai Building 12.08.2021

Systems integrator JSOL leasing 2,200 tsubos in new Kudan building 12.08.2021

Diamond Realty Management forms U.S. logistics development fund 12.07.2021

APL receives Y3.6bn for energy-saving renovation 12.07.2021

Trading company Shinko Seiko developing hotel on former HQ site 12.07.2021

Double Standard moving to office building in Aoyama 12.07.2021

Area in Focus: Ginza

Unseen Level of Store Vacancies

Luxury brands opening stores, but transactions at all-time low

Ginza is finally starting to see the light of day after Covid-19. Luxury brands are increasing demand to open stores on high streets like Chuo-dori Street and Harumi-dori Street, and the retail rental market is showing signs of improvement. On the other hand, there are fewer properties for sale than ever before and conclusion of transactions have become even less frequent, resulting in the number of sales transactions reached a record low as surveyed by the Nikkei Real Estate Market Report. ≫