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Sankei Building and Tokyu Corporation pursue hotel projects in Shibuya

Sankei Building and Tokyu Corporation pursue hotel projects in Shibuya

Two new hotel development projects have been revealed in Shoto and Maruyamacho area in Shibuya-ku. Sankei Building and Tokyu Corporation are respectively pursuing...

Kasumigaseki Capital developing hotel in Fukushima-ku, Osaka

Kasumigaseki Capital developing hotel in Fukushima-ku, Osaka

JPR acquiring interests in JA/Keidanren building for Y32.8bn<br />

JPR acquiring interests in JA/Keidanren building for Y32.8bn

Mitsubishi Estate Logistics REIT to sell Inzai facility for Y5.2bn

Mitsubishi Estate Logistics REIT to sell Inzai facility for Y5.2bn

Daiwa House REIT to sell two BTS logistics facilities

Daiwa House REIT to sell two BTS logistics facilities

JR East acquires retail building near Takadanobaba Station

JR East acquires retail building near Takadanobaba Station

LATEST NEWS

Gojoiru acquires Otsuka office and retail building

Gojoiru acquires Otsuka office and retail building

JR East acquires retail building near Takadanobaba Station

JR East acquires retail building near Takadanobaba Station

Daiwa House REIT to sell two BTS logistics facilities

Daiwa House REIT to sell two BTS logistics facilities

Mitsubishi Estate Logistics REIT to sell Inzai facility for Y5.2bn

Mitsubishi Estate Logistics REIT to sell Inzai facility for Y5.2bn

Ardepro sells Shinsaibashi mixed-use building

Ardepro sells Shinsaibashi mixed-use building

Sankei Building and Tokyu Corporation pursue hotel projects in Shibuya

Sankei Building and Tokyu Corporation pursue hotel projects in Shibuya

ANA to relocate headquarters to Yaesu Core

ANA to relocate headquarters to Yaesu Core

Kasumigaseki Capital developing hotel in Fukushima-ku, Osaka

Kasumigaseki Capital developing hotel in Fukushima-ku, Osaka

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EDITORS' PICK

Japan Post Real Estate establishes AM company, Y10bn fund

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

KKR sells domestic hotel portfolio with 3,468 guestrooms

Hong Kong’s Weave completes exit of large Y55bn residential fund

Hong Kong’s Weave completes exit of large Y55bn residential fund

Tokyo Tatemono joins first Australian logistics fund

Tokyo Tatemono joins first Australian logistics fund

Brookfield invests more than Y100bn in Japan residences

Brookfield invests more than Y100bn in Japan residences

Hulic and peers spend $1.5bn on Tokyo office tower deal

Hulic and peers spend $1.5bn on Tokyo office tower deal

Japanese life insurers expand investments in property amid inflation

Japanese life insurers expand investments in property amid inflation

Keppel and its REIT to acquire two data centers in Inzai City, Chiba

Keppel and its REIT to acquire two data centers in Inzai City, Chiba

Kasumigaseki Capital sells site in Miami, U.S., to Japanese fund

Kasumigaseki Capital sells site in Miami, U.S., to Japanese fund

GLP Japan’s latest fund completes closing with investment exceeding Y600bn

GLP Japan’s latest fund completes closing with investment exceeding Y600bn

MOST READ

Sankei Building and Tokyu Corporation pursue hotel projects in Shibuya

Ardepro sells Shinsaibashi mixed-use building

JPR acquiring interests in JA/Keidanren building for Y32.8bn

Japan's regional banks log record growth in property lending

Mitsui & Co. Digital Asset Management acquires Bunkyo-ku student property

ANA to relocate headquarters to Yaesu Core

Singapore residence provider Ascott bets on Tokyo Station area

Taisei-Yuraku acquires seminar facility near Meguro Station

Kasumigaseki Capital developing hotel in Fukushima-ku, Osaka

Totsu Tatemono to construct long-stay hotel in Tsukiji

Singapore residence provider Ascott bets on Tokyo Station area

Mitsui developing high-rise mixed-use property near Yushima Station in Bunkyo-ku

Nippon Steel Kowa secures hotel development site in Shinsaibashi

PDM acquires Katsushika-ku apartment building

Investors wake up to Japan Post as shares surge 40% in 2026

Marubeni, Tokyu Corp developing mixed-use building near Naka-Meguro Station

City Homes developing retail building in Ikebukuro

Mitsui & Co. Digital Asset Management acquires Bunkyo-ku student property

Sotetsu group’s first fund acquires two properties in Kanagawa Prefecture

Columbia Works renovates Naha hotel

Brookfield invests more than Y100bn in Japan residences

Sanofi and Aichi Steel move into Tofrom Yaesu Tower

Taisei-Yuraku Real Estate starts rental apartment development in Takaido

Tokyu Land and Nippon Steel Kowa acquire Nibancho land interests

Goldman Castle Real Estate acquires retail building in Shoto, Shibuya-ku

Tokyo Tatemono and Misawa Homes developing hotel in Shimbashi

Mitsui to construct apartment building in Shinagawa-ku

PDM acquires rental apartment building near Tokyo Skytree

Existing condo prices in central Tokyo down for 4th straight month

IHG to open premium hotels under new brand in Tokyo, marking first in Asia

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

Dai-ichi Life affiliated REITs to merge, assets to reach Y300bn

Dai-ichi Life affiliated REITs to merge, assets to reach Y300bn

Sumitomo Forestry and Chuo-Nittochi to build apartment near Los Angeles

Marubeni Asset Management launches fifth fund, cumulative AUM over Y100bn

Japan Post Real Estate establishes AM company, Y10bn fund

Former Murakami Fund affiliate offers new TOB for Sankei REIT

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DEALS

Gojoiru acquires Otsuka office and retail building

Gojoiru acquires Otsuka office and retail building

JR East acquires retail building near Takadanobaba Station

Daiwa House REIT to sell two BTS logistics facilities

Mitsubishi Estate Logistics REIT to sell Inzai facility for Y5.2bn

Ardepro sells Shinsaibashi mixed-use building

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PROJECTS

Sankei Building and Tokyu Corporation pursue hotel projects in Shibuya

Sankei Building and Tokyu Corporation pursue hotel projects in Shibuya

Kasumigaseki Capital developing hotel in Fukushima-ku, Osaka

NTT Urban to construct 2,400 m2 GFA office building in Shimbashi

Totsu Tatemono to construct long-stay hotel in Tsukiji

Nomura developing H1O office building in Namba, Osaka

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TENANTS

ANA to relocate headquarters to Yaesu Core

ANA to relocate headquarters to Yaesu Core

SAP Japan to move from Otemachi to Blue Front Shibaura

BuySell to relocate to Shinjuku Nomura Building for office expansion

System developer Airu moving to Nihonbashi Nomura Mitsui Tower

Sanofi and Aichi Steel move into Tofrom Yaesu Tower

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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

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LOCAL

Daiwa House REIT to sell two BTS logistics facilities

Daiwa House REIT to sell two BTS logistics facilities

Ardepro sells Shinsaibashi mixed-use building

Kasumigaseki Capital developing hotel in Fukushima-ku, Osaka

Nomura developing H1O office building in Namba, Osaka

Columbia Works renovates Naha hotel

MORE

BUSINESS

Japan's regional banks log record growth in property lending

Japan's regional banks log record growth in property lending

Investors wake up to Japan Post as shares surge 40% in 2026

Investors wake up to Japan Post as shares surge 40% in 2026

Singapore residence provider Ascott bets on Tokyo Station area

Singapore residence provider Ascott bets on Tokyo Station area

Investors bet on Japan, Australia rental housing as rates, home prices rise

Investors bet on Japan, Australia rental housing as rates, home prices rise

Mitsui Fudosan eyes Japan's first next-gen geothermal power site

Mitsui Fudosan eyes Japan's first next-gen geothermal power site

Asian brands tighten grip on Tokyo's high-end shopping districts

Asian brands tighten grip on Tokyo's high-end shopping districts

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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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