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Nippon Steel Kowa wholly owns Kowa Sumisei Tsukiji Building

Nippon Steel Kowa wholly owns Kowa Sumisei Tsukiji Building

Nippon Steel Kowa Real Estate acquired 49% of the co-ownership interest in Kowa Sumisei Tsukiji Building, an office building in Tsukiji, Chuo-ku.

Tokyu Land sells two new apartment buildings in Tokyo

Tokyu Land sells two new apartment buildings in Tokyo

Nippon Life Gotanda Building to be completed in January 2029

Nippon Life Gotanda Building to be completed in January 2029

Developer Tokyo Tatemono to enter data centers with $650m Osaka facility

Developer Tokyo Tatemono to enter data centers with $650m Osaka facility

Weave Living and BGO to invest Y22bn in Tokyo apartments

Weave Living and BGO to invest Y22bn in Tokyo apartments

Credo Asset Management developing logistics facility in Chiba

Credo Asset Management developing logistics facility in Chiba

LATEST NEWS

JR West developing rental apartment building in Koto-ku

JR West developing rental apartment building in Koto-ku

Nippon Steel Kowa wholly owns Kowa Sumisei Tsukiji Building

Nippon Steel Kowa wholly owns Kowa Sumisei Tsukiji Building

Vortex acquires 160 m2 of land along Shintora-dori Street

Vortex acquires 160 m2 of land along Shintora-dori Street

Sekisui Material Solutions moving to Sumitomo Shibakoen Building

Sekisui Material Solutions moving to Sumitomo Shibakoen Building

Asahi Diamond Industrial moving from Kioicho to Kojimachi

Asahi Diamond Industrial moving from Kioicho to Kojimachi

Raysum acquires retail building in Fukuoka

Raysum acquires retail building in Fukuoka

Totsu Fudosan Toshi renovates and sells Roppongi building

Totsu Fudosan Toshi renovates and sells Roppongi building

Tokyu Land sells two new apartment buildings in Tokyo

Tokyu Land sells two new apartment buildings in Tokyo

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EDITORS' PICK

PAG and KKR to acquire Sapporo Real Estate shares for Y477bn

PAG and KKR to acquire Sapporo Real Estate shares for Y477bn

PAG, which is an investment fund based in the Asia-Pacific region, and Kohlberg Kravis Roberts (KKR) of the U.S. concluded an agreement to acquire all shares of Sapporo Real Estate, which is a wholly-owned subsidiary of brewer Sapporo Holdings, from the company through a special purpose company.

JR East and Itochu to integrate real estate subsidiaries

JR East and Itochu to integrate real estate subsidiaries

Hulic investing in elderly housing in Florida, U.S.

Hulic investing in elderly housing in Florida, U.S.

Blackstone to buy Nippon Express logistics hub in Tokyo for over $630m

Blackstone to buy Nippon Express logistics hub in Tokyo for over $630m

Two developers participate in San Diego student housing project

Two developers participate in San Diego student housing project

Japan to tighten rules for foreign corporations buying large plots

Japan to tighten rules for foreign corporations buying large plots

Meitetsu sets Nagoya Station area redevelopment schedule as “undetermined”

Meitetsu sets Nagoya Station area redevelopment schedule as “undetermined”

Shinagawa Refra to gain Y28bn from Jingumae apartment sale

Shinagawa Refra to gain Y28bn from Jingumae apartment sale

Mantomi acquires retail building along Ginza Chuo-dori Street

Mantomi acquires retail building along Ginza Chuo-dori Street

Mitsubishi Corp. to build 2 logistics centers in Indonesia

Mitsubishi Corp. to build 2 logistics centers in Indonesia

MOST READ

Tokyu Land sells two new apartment buildings in Tokyo

Weave Living and BGO to invest Y22bn in Tokyo apartments

Developer Tokyo Tatemono to enter data centers with $650m Osaka facility

Meiji Yasuda Life reconstructing building into super high-rise tower

JS moving into Otemachi Gate Building

Marimo REIT to acquire elderly housing in Mito City, Ibaraki

Credo Asset Management developing logistics facility in Chiba

Ichigo Owners disposes of Kuramae apartment building

Northsand to move to Yaesu 2-Chome Central District Redevelopment Project

L Plus acquires Hiroo rental apartment building

Weave Living sells recently built Tokyo apartments for Y7.2bn

US activist Dalton to propose 10% share buyback by Fuji Media: executive

Mitsui Fudosan Private REIT acquires two apartments in Chuo-ku

World Residential acquires Nihombashi office building

Patent office Onda moving into Akasaka Intercity Air

Daiichi Realtor developing hotel in Nihombashi-Kakigaracho

Marriage service provider relocating to Meiji Yasuda Shinjuku Building

Keio Corp. acquires two apartment buildings in Tokyo

Sumitomo Mitsui Finance and Leasing expanding to Taisei Otemachi Building

IT consulting company Dirbato cancels Torch Tower relocation

NBF to conduct asset replacement worth Y56.9bn in total

ML Estate purchases new Sapporo office building

Toray Construction developing hotel for inbound tourists in Asakusa

US private equity firm Advent returns to Japan after 15-year hiatus

EduLab moving from W Building to Tennozu Bay Tower

World to sell its headquarters in Kobe Port Island

Tokyo Tatemono participates in Melbourne, Australia housing development project

Kenedix, Hulic acquire student housing in Atlanta, U.S.

Nine Hours and SBI enter capital and business alliance

2,900 m2 GFA retail and office building planned in Shinjuku

Office Demand Exceeds Supply

MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: JANUARY 2026

Local Markets: Fukuoka

Office Demand Exceeds Supply

Hotel investment accounts for 64% of total for all sectors

Large buildings are being completed one after another in Fukuoka. This is especially due to the “Tenjin Big Bang,” which is a policy promoting redevelopment. Although floor space equivalent to approximately 10% of the rental office stock will be newly supplied in just three years from 2024 to 2026, the market remains strong. In the entire area, the rent level continues on an upward trend. Hotel transactions and developments are also active. Large transactions are seen and the percentage of the hotel sector in the amount invested in commercial real estate in the prefecture has reached 64%.

Analyst Survey | Market Knowledge | Deals Roundup | Relocation Update | News Digest

TRENDS

Weave Living and BGO to invest Y22bn in Tokyo apartments

Weave Living and BGO to invest Y22bn in Tokyo apartments

Marubeni, Mizuho Leasing Company constructing complex in Melbourne, Australia

Sumitomo Forestry, Chuo-Nittochi building logistics facility in North Carolina, U.S.

Tokyo Tatemono developing hotel in Bangkok, Thailand

Tokyo Tatemono, Sumitomo Forestry building Long Beach U.S. rental housing

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DEALS

Nippon Steel Kowa wholly owns Kowa Sumisei Tsukiji Building

Nippon Steel Kowa wholly owns Kowa Sumisei Tsukiji Building

Vortex acquires 160 m2 of land along Shintora-dori Street

Raysum acquires retail building in Fukuoka

Totsu Fudosan Toshi renovates and sells Roppongi building

Tokyu Land sells two new apartment buildings in Tokyo

MORE

PROJECTS

Nippon Life Gotanda Building to be completed in January 2029

Nippon Life Gotanda Building to be completed in January 2029

Credo Asset Management developing logistics facility in Chiba

Daiichi Realtor developing hotel in Nihombashi-Kakigaracho

Nomura developing mixed-use building in Ochanomizu University campus

Mitsui & Co. Real Estate developing rental building in Shimbashi

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TENANTS

Sekisui Material Solutions moving to Sumitomo Shibakoen Building

Sekisui Material Solutions moving to Sumitomo Shibakoen Building

Asahi Diamond Industrial moving from Kioicho to Kojimachi

JS moving into Otemachi Gate Building

Northsand to move to Yaesu 2-Chome Central District Redevelopment Project

Patent office Onda moving into Akasaka Intercity Air

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STATS

Logistics Facility Vacancy Rate in Greater Tokyo Area Drops

Logistics Facility Vacancy Rate in Greater Tokyo Area Drops

Real estate industry loans remain strong, outstanding loans exceed Y140tn

20% of Companies Hold Idle Real Estate

Environmental Certification Costs

Office Demand Flows Outside

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LOCAL

Raysum acquires retail building in Fukuoka

Raysum acquires retail building in Fukuoka

Meiji Yasuda Life reconstructing building into super high-rise tower

GreenOak acquires part of Fukuoka Daimyo Garden City

LaSalle sells large office building in Nagoya

Nomura developing H1O office building in Osaka Yodoyabashi

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BUSINESS

Mitsubishi UFJ Trust readies back-office support for 'Japan buying' funds

Mitsubishi UFJ Trust readies back-office support for 'Japan buying' funds

Developer Tokyo Tatemono to enter data centers with $650m Osaka facility

Developer Tokyo Tatemono to enter data centers with $650m Osaka facility

US activist Dalton to propose 10% share buyback by Fuji Media: executive

US activist Dalton to propose 10% share buyback by Fuji Media: executive

TEPCO to sell assets worth $1.3bn in restructuring plan

TEPCO to sell assets worth $1.3bn in restructuring plan

Japan's tourism industry struggles despite record visitors

Japan's tourism industry struggles despite record visitors

Tokyu group eyes further growth for Vietnam 'garden city'

Tokyu group eyes further growth for Vietnam 'garden city'

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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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