EDITORS' PICK
Tokyu Land purchases two rental apartment buildings in New York
Shibuya-ku’s Tokyu Land acquired two rental apartment buildings in Manhattan and Brooklyn of New York City, U.S.
Nomura Real Estate Private REIT, which is managed by Nomura Real Estate Asset Management of Shinjuku-ku, acquired an office building in Soto-Kanda, Chiyoda-ku.
Shibuya-ku’s Tokyu Land acquired two rental apartment buildings in Manhattan and Brooklyn of New York City, U.S.
Local Markets: Fukuoka
Large transactions exceeding 10 billion yen completed in nearby districts
A series of large office building redevelopment projects have been carried out in central Fukuoka City. Amid new supply significantly exceeding the past average in 2024, a building has appeared that sets a new record for office rent in the Fukuoka area. It is the soon-to-be-completed One Fukuoka Bldg., one of the flagship projects in the “Tenjin Big Bang.” With a shortage of properties for sale in the city center, investment areas are expanding to include the surrounding districts. Large transactions exceeding 10 billion yen continue to take place there.