Top - NIKKEI REAL ESTATE MARKET REPORT

TOP STORY

Nippon Steel Kowa developing hotel in Namba, Osaka

Nippon Steel Kowa developing hotel in Namba, Osaka

Nippon Steel Kowa Real Estate will start constructing a hotel in Motomachi, Naniwa-ku, Osaka City.

Mitsubishi developing nursing home in Ota-ku

Mitsubishi developing nursing home in Ota-ku

A.D. Works acquires Osaka apartment building

A.D. Works acquires Osaka apartment building

One REIT to acquire six properties for approximately Y30bn

One REIT to acquire six properties for approximately Y30bn

Nomura Real Asset Investment's SPC acquires three Tokyo apartments

Nomura Real Asset Investment's SPC acquires three Tokyo apartments

Marubeni Private REIT acquires Chuo-ku serviced office facility

Marubeni Private REIT acquires Chuo-ku serviced office facility

LATEST NEWS

Mitsubishi developing apartment building with coworking spaces in Ota-ku

Mitsubishi developing apartment building with coworking spaces in Ota-ku

Nippon Steel Kowa developing hotel in Namba, Osaka

Nippon Steel Kowa developing hotel in Namba, Osaka

Keihan Real Estate developing hotel in Osaka

Keihan Real Estate developing hotel in Osaka

Mitsubishi developing nursing home in Ota-ku

Mitsubishi developing nursing home in Ota-ku

M&A Capital Partners to move to Torch Tower

M&A Capital Partners to move to Torch Tower

REIT Global One’s management company to consolidate over 20 shareholders

REIT Global One’s management company to consolidate over 20 shareholders

A.D. Works acquires Osaka apartment building

A.D. Works acquires Osaka apartment building

Chugai Pharmaceutical to relocate and consolidate six offices

Chugai Pharmaceutical to relocate and consolidate six offices

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EDITORS' PICK

Weave Living and BGO to invest Y22bn in Tokyo apartments

Weave Living and BGO to invest Y22bn in Tokyo apartments

Hong Kong's Weave Living announced that, in partnership with BGO Strategic Capital Partners, it will acquire ten rental apartment buildings in Tokyo. The total acquisition price is approximately 22 billion yen [$140 million].

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

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

GreenOak acquires part of Fukuoka Daimyo Garden City

GreenOak acquires part of Fukuoka Daimyo Garden City

Aberdeen of the U.K. acquires residences worth Y50bn

Aberdeen of the U.K. acquires residences worth Y50bn

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

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

Mitsui to invest $2.8bn in US Sun Belt rental housing

Mitsui to invest $2.8bn in US Sun Belt rental housing

Singapore’s SC Capital Partners developing data center in Osaka

Singapore’s SC Capital Partners developing data center in Osaka

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

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

Tosei and GIC to conduct Y58.4bn Sankei REIT TOB

Tosei and GIC to conduct Y58.4bn Sankei REIT TOB

Meidensha to gain Y5.3bn from property sale near its headquarters

Meidensha to gain Y5.3bn from property sale near its headquarters

MOST READ

CBRE IM and Nextdc to develop data center near Tokyo Tower

A.D. Works acquires Osaka apartment building

Chugai Pharmaceutical to relocate and consolidate six offices

One REIT to acquire six properties for approximately Y30bn

Marubeni Private REIT acquires Chuo-ku serviced office facility

Nomura Real Asset Investment's SPC acquires three Tokyo apartments

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

Nissan company town outside Tokyo thrives 30 years after plant closure

Kabuki producer Shochiku to invest $630m in new Tokyo theater complex

Cosmos Initia purchases Gotanda office building

A.D. Works disposes of Shinkawa, Chuo-ku building

Columbia Works renovating Azabu apartment building

Nomura Real Asset Investment acquires Kuramae apartment building

Nissan company town outside Tokyo thrives 30 years after plant closure

Hulic acquires logistics facility in Las Vegas, U.S.

Nishitetsu developing for-sale condominiums near Manila, Philippines

Tokyo Metro subsidiary acquires apartment in Nerima-ku

Mitsubishi developing office building near Shinjuku Station

Vortex to make Kinoshita Real Estate a subsidiary

Mitsubishi Electric System & Service relocating to Oimachi Tracks

A.D. Works purchases new Jingumae retail building

Ginsen secures 986 m2 of land near Kanda Station

Atomix moving from owned building in Itabashi to Nishi-Shinjuku

Railway operator Nishitetsu to develop logistics facilities in Arizona, U.S.

Mirarth REIT to acquire and sell properties, expanding assets

Asuka Shinkumi Bank acquires new Shiba-Daimon office building

Ichigo Office REIT to acquire office building in Funabashi City, Chiba

Dentsu Soken opening new base in Torch Tower in 2028

Tokyo Trust Capital acquires newly built office in Hatchobori

Mitsui & Co. Digital AM jointly acquires Higashi Kanda apartment for STO

Investment Market Remains Active

MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: FEBRUARY 2026

Transactions: 2025

Investment Market Remains Active

First time exceeding 5 trillion yen since financial crisis

The total amount of real estate transactions compiled by Nikkei Real Estate Market Report in 2025 increased by 8% year-on-year to approximately 5,248.5 billion yen [$33 billion]. Despite concerns such as the rise in long-term interest rates, soaring real estate prices combined with unabated acquisition appetite pushed the amount beyond that of 2024, which had marked the largest transaction volume since the global financial crisis.

Occupier Market | Deals Roundup | Relocation Update | News Digest

TRENDS

REIT Global One’s management company to consolidate over 20 shareholders

REIT Global One’s management company to consolidate over 20 shareholders

Nishitetsu developing for-sale condominiums near Manila, Philippines

Hulic acquires logistics facility in Las Vegas, U.S.

Vortex to make Kinoshita Real Estate a subsidiary

Mizuho Leasing Company to invest Y30bn in Star Asia alliance

MORE

DEALS

A.D. Works acquires Osaka apartment building

A.D. Works acquires Osaka apartment building

One REIT to acquire six properties for approximately Y30bn

Cosmos Initia purchases Gotanda office building

Marubeni Private REIT acquires Chuo-ku serviced office facility

Nomura Real Asset Investment's SPC acquires three Tokyo apartments

MORE

PROJECTS

Mitsubishi developing apartment building with coworking spaces in Ota-ku

Mitsubishi developing apartment building with coworking spaces in Ota-ku

Nippon Steel Kowa developing hotel in Namba, Osaka

Keihan Real Estate developing hotel in Osaka

Mitsubishi developing nursing home in Ota-ku

CBRE IM and Nextdc to develop data center near Tokyo Tower

MORE

TENANTS

M&A Capital Partners to move to Torch Tower

M&A Capital Partners to move to Torch Tower

Chugai Pharmaceutical to relocate and consolidate six offices

Bearing manufacturer Jtekt relocating Tokyo office to Tamachi Tower

Sports content distributor Dazn moving to Tofrom Yaesu Tower

Mitsubishi Electric System & Service relocating to Oimachi Tracks

MORE

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

Nippon Steel Kowa developing hotel in Namba, Osaka

Nippon Steel Kowa developing hotel in Namba, Osaka

Keihan Real Estate developing hotel in Osaka

A.D. Works acquires Osaka apartment building

One REIT to acquire six properties for approximately Y30bn

LaSalle Logiport to sell logistics facilities in Aichi for Y11.4bn

MORE

BUSINESS

Kabuki producer Shochiku to invest $630m in new Tokyo theater complex

Kabuki producer Shochiku to invest $630m in new Tokyo theater complex

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

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

Nissan company town outside Tokyo thrives 30 years after plant closure

Nissan company town outside Tokyo thrives 30 years after plant closure

Mitsubishi acquires Tokyo office building from Dentsu

Mitsubishi acquires Tokyo office building from Dentsu

Mitsui Fudosan to launch India condominium project

Mitsui Fudosan to launch India condominium project

US fund Cabot Properties to invest $200m-plus in Japan logistics facilities

US fund Cabot Properties to invest $200m-plus in Japan logistics facilities

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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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