Top - NIKKEI REAL ESTATE MARKET REPORT

TOP STORY

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

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

Mitsui & Co. Digital Asset Management will launch a real estate STO (security token offering) backed by a student accommodation property in Mejirodai, Bunkyo-ku.

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

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

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

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

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

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

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

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

SAP Japan to move from Otemachi to Blue Front Shibaura

SAP Japan to move from Otemachi to Blue Front Shibaura

LATEST NEWS

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

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

Mitsui Fudosan Investment Advisors acquires newly built apartment in Ikebukuro

Mitsui Fudosan Investment Advisors acquires newly built apartment in Ikebukuro

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

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

Nomura developing H1O office building in Namba, Osaka

Nomura developing H1O office building in Namba, Osaka

Columbia Works renovates Naha hotel

Columbia Works renovates Naha hotel

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

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

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

MORE

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

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

Nippon Steel Kowa secures hotel development site in Shinsaibashi

Record-High Expect “Rise” in Logistics Facility Rents

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

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

PDM acquires Katsushika-ku apartment building

City Homes developing retail building in Ikebukuro

Mitsubishi, Tokyu Land developing retail building on Jingumae corner lot

SAP Japan to move from Otemachi to Blue Front Shibaura

Taisei-Yuraku acquires new apartments in Taito-ku and Adachi-ku

Watahan acquires seven rental apartment buildings in Kanto area

Compass Asset Management acquires newly built apartments in Setagaya-ku

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

Daiwa House acquires building in Aoyama

GMO Asset Management acquires building in Aoyama

Ebisu Kaikan acquires Gotanda office building leased site

Avac acquires retail building near Shinsaibashi-suji Shopping Street

The Global developing apartment building in Nihombashi-Tomizawacho

Hulic, others-invested SPC acquired office near Tokyo Station

Masuya Asset Partners sells buildings in Shimbashi and Kanda

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

Brookfield invests more than Y100bn in Japan residences

Sanofi and Aichi Steel move into Tofrom Yaesu Tower

PDM acquires rental apartment building near Tokyo Skytree

Taisei-Yuraku Real Estate starts rental apartment development in Takaido

Star Asia REIT replaces Osaka asset, invests in Hakone ryokan

Tokyo commercial land prices jump to 33-year high as remote work ebbs

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

MORE

DEALS

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

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

Mitsui Fudosan Investment Advisors acquires newly built apartment in Ikebukuro

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

Columbia Works renovates Naha hotel

PDM acquires Katsushika-ku apartment building

MORE

PROJECTS

Nomura developing H1O office building in Namba, Osaka

Nomura developing H1O office building in Namba, Osaka

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

City Homes developing retail building in Ikebukuro

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

Mitsubishi, Tokyu Land developing retail building on Jingumae corner lot

MORE

TENANTS

SAP Japan to move from Otemachi to Blue Front Shibaura

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

Copia to relocate to Yaesu Core, scheduled for 2029 completion

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

Nomura developing H1O office building in Namba, Osaka

Nomura developing H1O office building in Namba, Osaka

Columbia Works renovates Naha hotel

Nippon Steel Kowa secures hotel development site in Shinsaibashi

Nishimatsu Construction acquires additional interest in Shin-Osaka office building

Chuo-Nittochi acquires hotel in Nagoya

MORE

BUSINESS

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

Mitsui to build data center in abandoned tunnel in Japan

Mitsui to build data center in abandoned tunnel in Japan

MORE

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

MORE