Hulic to build data center in Nihombashi-Kobunacho

Hulic will rebuild Kobunacho Kinenkaikan Building in Nihombashi-Kobunacho, Chuo-ku. It is scheduled to build a data center.

Dai-ichi Life’s private REIT acquires Itabashi apartment building

DL Life Partner REIT, which is a private REIT, acquired a rental apartment building in Futabacho, Itabashi-ku.

Sun Frontier sells building in Akihabara vicinity

Real estate company Sun Frontier Fudousan sold an office building in Higashi-Kanda, Chiyoda-ku.

Dai-ichi Life, Prologis jointly acquires logistics facility for Y16.1bn

Dai-ichi Life Insurance and Prologis jointly acquired a logistics facility in Yashio, Shinagawa-ku. The transaction price is believed to be 16.1 billion yen [$120 million].

Toyosu Block 4-2 Development Project to have 136,000m2 GFA

The outline of the Toyosu Block 4-2 Development Project implemented by Mitsubishi Estate and heavy machinery manufacturer IHI was disclosed. Construction of the two buildings will start in July 2022, with completion targeted for June 2025.

Es-Con acquires Sapporo retail facility

Real estate company Es-Con Japan acquired a retail facility in Shiroishi-ku, Sapporo City. The seller was...

Hong Kong's Phoenix acquires three Tokyo apartment buildings

Phoenix Property Investors of Hong Kong acquired a rental apartment building in Edogawa-ku. The company also acquired apartment buildings in Meguro-ku and Koto-ku. The sellers were...



Past Monthly Reports
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Transactions: 1Q 2022

Land Sales Boom

Transaction volume down 8% despite presence of mega deals
Although the real estate market is generally recovering from the impact of the Covid-19 pandemic, transaction volume in the first quarter of 2022 fell 8% year-on-year to the lowest first-quarter figure since 2013. Amid this, there were also approximately 2.5 times more land sales year-on-year in terms of transaction volume. REITs notably sold older office buildings and replaced them with newer buildings, which supported the market.
Occupier Market | Market Knowledge | Deals Roundup | Relocation Update | News Digest

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