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Digital Securities conducts STO after acquiring Aoyama apartment for Y3.4bn

Digital Securities conducts STO after acquiring Aoyama apartment for Y3.4bn

Digital Securities of Minato-ku, Tokyo, conducted a digital securitization of real estate through a security token offering (STO) backed by a rental apartment in Minami-Aoyama, Minato-ku.

JR East Real Estate and Itochu Property Development to merge

JR East Real Estate and Itochu Property Development to merge

Columbia Works acquires former nursing home in Nishi-Azabu

Columbia Works acquires former nursing home in Nishi-Azabu

Shochiku to gain Y4.5bn from Fukuoka hotel sale

Shochiku to gain Y4.5bn from Fukuoka hotel sale

First construction renaissance fund invests in two Shibuya buildings

First construction renaissance fund invests in two Shibuya buildings

TKP expects Y11.8bn gain from sale and leaseback transaction

TKP expects Y11.8bn gain from sale and leaseback transaction

LATEST NEWS

Oki Electric Industry to establish office in Takanawa Gateway City

Oki Electric Industry to establish office in Takanawa Gateway City

JR East Real Estate and Itochu Property Development to merge

JR East Real Estate and Itochu Property Development to merge

Digital Securities conducts STO after acquiring Aoyama apartment for Y3.4bn

Digital Securities conducts STO after acquiring Aoyama apartment for Y3.4bn

Heureux Construction sells Shinjuku apartment to Tokyu Corp

Heureux Construction sells Shinjuku apartment to Tokyu Corp

Columbia Works acquires former nursing home in Nishi-Azabu

Columbia Works acquires former nursing home in Nishi-Azabu

Vortex acquires Ikebukuro retail building to sell strata titles

Vortex acquires Ikebukuro retail building to sell strata titles

Closed Ginza building changes hands

Closed Ginza building changes hands

First construction renaissance fund invests in two Shibuya buildings

First construction renaissance fund invests in two Shibuya buildings

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EDITORS' PICK

Mitsubishi logistics REIT’s bridge fund to acquire Nagoya warehouse

Mitsubishi logistics REIT’s bridge fund to acquire Nagoya warehouse

MRB1 GK, which is a special purpose company invested in by Mitsubishi Estate Logistics REIT and others, will acquire a logistics facility in Shinagawacho, Minato-ku, Nagoya City. It is a BTS-type facility developed for Amazon Japan by Mitsubishi Estate.

Nomura Real Asset Investment acquires large hotel in Namba, Osaka

Nomura Real Asset Investment acquires large hotel in Namba, Osaka

LaSalle Logiport to invest in Kobe logistics facility development project

LaSalle Logiport to invest in Kobe logistics facility development project

Blackstone to invest $15bn in Japan over three years

Blackstone to invest $15bn in Japan over three years

Mitsui & Co. sells interest in owned building in Osaka

Mitsui & Co. sells interest in owned building in Osaka

Hulic to sell large mixed-use facility in Minato Mirai

Hulic to sell large mixed-use facility in Minato Mirai

Singapore’s UI Boustead REIT lists with Koto-ku office and others

Singapore’s UI Boustead REIT lists with Koto-ku office and others

Norinchukin Bank eyes Japan real estate with CBRE after huge bond loss

Norinchukin Bank eyes Japan real estate with CBRE after huge bond loss

Tokyo office space supply runs low amid record demand, project delays

Tokyo office space supply runs low amid record demand, project delays

CBRE IM and Nextdc to develop data center near Tokyo Tower

CBRE IM and Nextdc to develop data center near Tokyo Tower

MOST READ

TKP expects Y11.8bn gain from sale and leaseback transaction

Shochiku to gain Y4.5bn from Fukuoka hotel sale

Marubeni Asset Management forms funds, takes group AUM over Y2tn

First construction renaissance fund invests in two Shibuya buildings

MBRM, CLAR to acquire data center in Kyoto

Nippon Steel Kowa to construct mixed-use building in Akasaka

As Partners sells nursing home in Adachi-ku

Asahi Kasei secures development site in Akihabara vicinity

Mitsubishi, Shimizu to build Singapore food logistics plant

Artplan sells old building in Shimbashi

Sanyo Shokai to partly sell head office building site

A.D. Works acquires Ginza rental apartment

Mitsui Fudosan Private REIT acquires logistics facility in Aichi

Mitsubishi Corporation Plastics moving to Yaesu Daibiru Building

BNPP AM, PGGM acquire ownership interest in Yokohama logistics facility

Apartment building in Bunkyo-ku changes hands

Deloitte Tohmatsu Group to open new office in Toyosu Sail Park

Orca Capital acquires development site in Ginza

JR West subsidiary acquires office building in Kanda-Jimbocho

SRE disposes of apartment building in Shibuya-ku

JLF to acquire Saga logistics facility and Yokohama leased site

Vortex acquires office and retail building in Akasaka

Mori Hills REIT to partly sell Laforet Harajuku

SPC backed by Sosila Logistics REIT to acquire three logistics facilities

Mitsubishi developing rental apartment building in Asakusa

Keio Realty & Development incorporates properties into its private fund

Mitsui & Co. sells interest in owned building in Osaka

Central REIT acquiring two Nagoya office buildings

Comforia Residential REIT reshuffling Y7.3bn worth of assets

Marimo REIT to sell apartment building in Zama City

Leasing Competition Shifts to Post-2027

MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: APRIL 2026

Occupier Market

Leasing Competition Shifts to Post-2027

Secured tenant rate for 43 Tokyo buildings reaches 90%

The rate of formally or informally secured tenants (occupancy rate) in newly constructed large office buildings in central Tokyo continues to rise, with the market in excellent shape. The overall average occupancy rate of the 43 buildings scheduled for completion by April 2027 is 90%, up four percentage points from the previous survey conducted six months ago. Of these, 24 buildings are fully occupied, including some that are not yet complete. This represents over 50%, based on the number of buildings.

Case Study | Market Knowledge | Deals Roundup | Relocation Update | News Digest

TRENDS

JR East Real Estate and Itochu Property Development to merge

JR East Real Estate and Itochu Property Development to merge

Marubeni Asset Management forms funds, takes group AUM over Y2tn

Sumitomo Forestry and NTT Urban developing apartments in Atlanta

MLIT seeks public comment, encouraging appraisal use

Daito Trust Construction to conduct TOB for The Global

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DEALS

Digital Securities conducts STO after acquiring Aoyama apartment for Y3.4bn

Digital Securities conducts STO after acquiring Aoyama apartment for Y3.4bn

Heureux Construction sells Shinjuku apartment to Tokyu Corp

Columbia Works acquires former nursing home in Nishi-Azabu

Vortex acquires Ikebukuro retail building to sell strata titles

Closed Ginza building changes hands

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PROJECTS

Nippon Steel Kowa to construct mixed-use building in Akasaka

Nippon Steel Kowa to construct mixed-use building in Akasaka

Asahi Kasei secures development site in Akihabara vicinity

Tokyu Land developing mixed-use building in Jinnan, Shibuya-ku

Daiichi Realtor constructing hotel in Shintomi, Chuo-ku

Marubeni and Tokyu Land developing hotel in Fukuoka

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TENANTS

Oki Electric Industry to establish office in Takanawa Gateway City

Oki Electric Industry to establish office in Takanawa Gateway City

Fund Creation Group moving to Sengokuyama Mori Tower

Maezawa Holdings to be established in Tofrom Yaesu Tower

Tokyu Architects & Engineers moving to Osaki Riverwalk in 2027

Deloitte Tohmatsu Group to open new office in Toyosu Sail Park

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STATS

More Expecting Downturn Phase in Six Months

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

20% of Companies Hold Idle Real Estate

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LOCAL

Shochiku to gain Y4.5bn from Fukuoka hotel sale

Shochiku to gain Y4.5bn from Fukuoka hotel sale

MBRM, CLAR to acquire data center in Kyoto

Mitsui Fudosan Private REIT acquires logistics facility in Aichi

Marubeni and Tokyu Land developing hotel in Fukuoka

Ares fund acquires three logistics properties from external entities

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BUSINESS

Mitsubishi, Shimizu to build Singapore food logistics plant

Mitsubishi, Shimizu to build Singapore food logistics plant

Japan homebuilders plan price hikes on higher pipe, paint costs

Japan homebuilders plan price hikes on higher pipe, paint costs

SMFG and Nippon Life weigh $3bn private credit fund for deal financing

SMFG and Nippon Life weigh $3bn private credit fund for deal financing

Sumitomo Forestry bets big on US housing market, eyeing local majors

Sumitomo Forestry bets big on US housing market, eyeing local majors

Advantage Partners to invest $3bn over five years in Japan real estate

Advantage Partners to invest $3bn over five years in Japan real estate

Central Tokyo existing-condo prices dip for 1st time in 3 years

Central Tokyo existing-condo prices dip for 1st time in 3 years

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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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