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Airport Facilities acquires Shinjuku office building
DEALS

Airport Facilities acquires Shinjuku office building

Airport Facilities, which is mainly engaged in the operation of facilities at Haneda Airport, acquired an office building in Shinjuku, Shinjuku-ku.

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Mitsubishi Estate to triple logistics spending for batteries and self-driving
BUSINESS

Mitsubishi Estate to triple logistics spending for batteries and self-driving

GMO to acquire additional interest in Setagaya Business Square
DEALS

GMO to acquire additional interest in Setagaya Business Square

IIF acquiring three leased sites of tank terminals
DEALS
LOCAL

IIF acquiring three leased sites of tank terminals

Advance Residence to sell apartment building in Shinagawa
DEALS

Advance Residence to sell apartment building in Shinagawa

SBI Private REIT incorporating Higashi-Kanda building into portfolio
DEALS

SBI Private REIT incorporating Higashi-Kanda building into portfolio

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MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: NOVEMBER 2023

Area in Focus: Ginza

Rush of Store Openings

Rents on high streets exceed pre-Covid-19 levels

In the Ginza area, while there are some transactions involving large properties, due to the shortage of properties for sale and the rise in prices, it has become increasingly difficult to complete these transactions. On the other hand, in the rental market, luxury brands continue to proactively open stores on high streets, a move that is supported by the recovery in inbound tourism. The rent level on high streets has, for the first time, exceeded the pre-coronavirus (Covid-19) level.

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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 )