Last Update: 09/28 2026 06:00 JST

NIKKEI REAL ESTATE MARKET REPORT

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Daiichi Realtor sells pet-friendly apartment buildings
DEALS

Daiichi Realtor sells pet-friendly apartment buildings

Daiichi Realtor of Minato-ku, Tokyo, sold two pet-friendly rental apartment buildings in Nerima-ku and Itabashi-ku.

NEW
Ichigo Office REIT to sell two retail buildings for 1.8 times book value
DEALS

Ichigo Office REIT to sell two retail buildings for 1.8 times book value
LaSalle Logiport REIT to sell four properties for Y29.6bn
DEALS

LaSalle Logiport REIT to sell four properties for Y29.6bn
Daiwa House REIT acquires part of Urawa mixed-use facility for Y9.5bn
DEALS

Daiwa House REIT acquires part of Urawa mixed-use facility for Y9.5bn
Tokyo Tatemono joins first Australian logistics fund
TRENDS

Tokyo Tatemono joins first Australian logistics fund
Daiwa House developing hotel in Tsukiji
PROJECTS
DEALS

Daiwa House developing hotel in Tsukiji

LATEST NEWS

Daiichi Realtor sells pet-friendly apartment buildings
DEALS

Daiichi Realtor sells pet-friendly apartment buildings

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

Existing condo prices in central Tokyo down for 4th straight month
Daiwa House REIT acquires part of Urawa mixed-use facility for Y9.5bn
DEALS

Daiwa House REIT acquires part of Urawa mixed-use facility for Y9.5bn
LaSalle Logiport REIT to sell four properties for Y29.6bn
DEALS

LaSalle Logiport REIT to sell four properties for Y29.6bn
Ichigo Office REIT to sell two retail buildings for 1.8 times book value
DEALS

Ichigo Office REIT to sell two retail buildings for 1.8 times book value
Tokyo Tatemono joins first Australian logistics fund
TRENDS

Tokyo Tatemono joins first Australian logistics fund
Daiwa House developing hotel in Tsukiji
PROJECTS
DEALS

Daiwa House developing hotel in Tsukiji
Le Gratteciel Building acquires Shimbashi rental apartment building
DEALS

Le Gratteciel Building acquires Shimbashi rental apartment building
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EDITORS' PICK

GLP investing Y300bn to develop cold storage in Kawasaki
DEALS
PROJECTS

GLP investing Y300bn to develop cold storage in Kawasaki

GLP Japan, under the umbrella of Ares Management of the U.S., signed a purchase agreement to acquire part of a plant site in Ogishima, Kawasaki-ku, Kawasaki City.
UK’s Aberdeen, Hong Kong’s Weave acquire Tokyo apartment buildings
DEALS

UK’s Aberdeen, Hong Kong’s Weave acquire Tokyo apartment buildings
Yasuda and UR developing buildings in Kanda-Nishikicho redevelopment area
PROJECTS

Yasuda and UR developing buildings in Kanda-Nishikicho redevelopment area
JMF-funded SPC to acquire 17 Seiyu leased sites
DEALS

JMF-funded SPC to acquire 17 Seiyu leased sites
Hulic acquires Ginza building from Singaporean REIT
DEALS

Hulic acquires Ginza building from Singaporean REIT
Sumitomo Forestry developing apartment buildings in Phoenix, U.S.
TRENDS

Sumitomo Forestry developing apartment buildings in Phoenix, U.S.
Lone Star acquires rental housing portfolio in Chuo-ku (corrected)
DEALS

Lone Star acquires rental housing portfolio in Chuo-ku (corrected)
Mori Building tackles 1st redevelopment project in New York
BUSINESS

Mori Building tackles 1st redevelopment project in New York
Brookfield enters Japan housing market with $627m deal in 4 urban centers
BUSINESS

Brookfield enters Japan housing market with $627m deal in 4 urban centers
Hulic acquires second logistics facility in Las Vegas
TRENDS

Hulic acquires second logistics facility in Las Vegas

MOST READ

Today
Weekly
Monthly

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

Creal partners with Singaporean investment company to promote cross-border investment

Ichigo Office REIT to sell two retail buildings for 1.8 times book value

Daiwa House developing hotel in Tsukiji

Tokyo Tatemono joins first Australian logistics fund

Mitsui to construct apartment building in Shinagawa-ku

Kintetsu Real Estate acquires land in Shinjuku-ku

Taisei-Yuraku Real Estate starts rental apartment development in Takaido

Brookfield invests more than Y100bn in Japan residences

Sanofi and Aichi Steel move into Tofrom Yaesu Tower
Sakae and Meieki Compete
MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: SEPTEMBER 2026

Local Markets: Nagoya

Sakae and Meieki Compete

- Testing rent upside beyond 40,000 yen per tsubo

In the Nagoya office market, a case where a contract was concluded at 40,000 yen per tsubo [$74 per m²] was seen. Sakae and Meieki, the two poles of the office market, are reinforcing each other, causing continued rent growth. Due to strong tenant demand, investor interest continues to increase. However, people in the real estate industry appear subdued. A project to redevelop Nagoya Station area, which was expected to be a catalyst for the local economy, returned to square one at the end of last year due to the withdrawal of the general contractor. This report shows the untold turmoil during that time.

Under Construction Survey | Deals Roundup | Relocation Update | News Digest

TRENDS

Tokyo Tatemono joins first Australian logistics fund

Tokyo Tatemono joins first Australian logistics fund

Creal partners with Singaporean investment company to promote cross-border investment

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

“Minnade Oyasan” license revoked over selling while hiding uncollected rents

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

DEALS

Daiichi Realtor sells pet-friendly apartment buildings

Daiichi Realtor sells pet-friendly apartment buildings

NEW

Daiwa House REIT acquires part of Urawa mixed-use facility for Y9.5bn

LaSalle Logiport REIT to sell four properties for Y29.6bn

Ichigo Office REIT to sell two retail buildings for 1.8 times book value

Daiwa House developing hotel in Tsukiji
MORE

PROJECTS

Daiwa House developing hotel in Tsukiji

Daiwa House developing hotel in Tsukiji

Taisei-Yuraku Real Estate starts rental apartment development in Takaido

Tokyu Land and Nippon Steel Kowa acquire Nibancho land interests

Tokyo Tatemono and Misawa Homes developing hotel in Shimbashi

Mitsui to construct apartment building in Shinagawa-ku
MORE

TENANTS

Sanofi and Aichi Steel move into Tofrom Yaesu Tower

Sanofi and Aichi Steel move into Tofrom Yaesu Tower

Copia to relocate to Yaesu Core, scheduled for 2029 completion

Nivea-Kao to move into wooden high-rise building in Nihombashi-Honcho

MTG to open new office in Shinagawa Season Terrace

Tokyo Century to relocate to Hibiya Crosspark South Tower
MORE

STATS

What Happens to Demolished Office Buildings?

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

Real estate industry loans remain strong, outstanding loans exceed Y140tn
MORE

LOCAL

MFLP-REIT reshuffling Y47.6bn worth of assets

MFLP-REIT reshuffling Y47.6bn worth of assets

JMF to sell Osaka store leased site for over 2.5 times appraisal value

Star Asia REIT replaces Osaka asset, invests in Hakone ryokan

Samty Residential REIT to acquire newly built apartments for Y2.7bn

Daiichi Realtor sells hotel in Nippombashi, Osaka
MORE

BUSINESS

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

Existing condo prices in central Tokyo down for 4th straight month
Tokyo commercial land prices jump to 33-year high as remote work ebbs
BUSINESS

Tokyo commercial land prices jump to 33-year high as remote work ebbs
Shimizu joins US developer on Atlanta apartment development
BUSINESS

Shimizu joins US developer on Atlanta apartment development
Hikari Tsushin, MBK, NEC unit launch $1.7bn buyout for Japan's Leopalace21
BUSINESS

Hikari Tsushin, MBK, NEC unit launch $1.7bn buyout for Japan's Leopalace21
Japan's hotel industry checks out of big projects as costs soar
BUSINESS

Japan's hotel industry checks out of big projects as costs soar
Hulic and peers spend $1.5bn on Tokyo office tower deal
BUSINESS

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

DATA

Transaction Data

73 Transactions Data - Up to May, 2009

103 Transactions Data - Up to April, 2009

74 Transactions Data - Up to March, 2009

81 Transactions Data - Up to February, 2009

3360 Transactions Data - Up to January, 2009 ( CSV only )

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