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National Holiday: July 20 (Mon)

TOP STORY

GLP J-REIT to acquire three logistics facilities for Y40.7bn

GLP J-REIT to acquire three logistics facilities for Y40.7bn

GLP J-REIT will acquire three logistics facilities. The total acquisition price is approximately 40.72 billion yen [$250 million].

NTT Docomo Group sells building sites in Shinjuku and Hitotsubashi

NTT Docomo Group sells building sites in Shinjuku and Hitotsubashi

Orix leasing 10,000 tsubos in Hamamatsucho WTC Main Tower

Orix leasing 10,000 tsubos in Hamamatsucho WTC Main Tower

Aoyama Zaisan Networks acquires Ueno retail building

Aoyama Zaisan Networks acquires Ueno retail building

Comforia Residential REIT to acquire five residences for Y10.3bn

Comforia Residential REIT to acquire five residences for Y10.3bn

SoftBank to expand into new office in Blue Front Shibaura

SoftBank to expand into new office in Blue Front Shibaura

LATEST NEWS

GLP J-REIT to acquire three logistics facilities for Y40.7bn

GLP J-REIT to acquire three logistics facilities for Y40.7bn

Japan Sewage Works Agency relocating to Meiji Yasuda Shinjuku Building

Japan Sewage Works Agency relocating to Meiji Yasuda Shinjuku Building

NTT Docomo Group sells building sites in Shinjuku and Hitotsubashi

NTT Docomo Group sells building sites in Shinjuku and Hitotsubashi

Mitsubishi to construct rental apartment in Osaka

Mitsubishi to construct rental apartment in Osaka

Orix leasing 10,000 tsubos in Hamamatsucho WTC Main Tower

Orix leasing 10,000 tsubos in Hamamatsucho WTC Main Tower

Hoosiers to build rental apartment in Suginami-ku

Hoosiers to build rental apartment in Suginami-ku

Aoyama Zaisan Networks acquires Ueno retail building

Aoyama Zaisan Networks acquires Ueno retail building

Hokkoku Bank developing apartment building in Otsuka, Bunkyo-ku

Hokkoku Bank developing apartment building in Otsuka, Bunkyo-ku

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EDITORS' PICK

SPC invested by Japan Logistics Fund to acquire four properties

SPC invested by Japan Logistics Fund to acquire four properties

GK Sasanqua, which is a special purpose company, will acquire logistics facilities at four locations in Japan.

Nippon Steel Kowa and Keihanshin Building join CBRE's U.S. project

Nippon Steel Kowa and Keihanshin Building join CBRE's U.S. project

Mori Building joins building redevelopment project in New York

Mori Building joins building redevelopment project in New York

Kanden Realty & Development acquires logistics facility near Brisbane

Kanden Realty & Development acquires logistics facility near Brisbane

Mitsubishi developing 16,000 m2 GFA apartment building in Gotanda

Mitsubishi developing 16,000 m2 GFA apartment building in Gotanda

TPG becomes major investor in large-scale Yokohama logistics facilities

TPG becomes major investor in large-scale Yokohama logistics facilities

H.I.S. to sell former headquarters floors to Mori Trust

H.I.S. to sell former headquarters floors to Mori Trust

Brookfield bets on its Japan business to top Hong Kong and Singapore

Brookfield bets on its Japan business to top Hong Kong and Singapore

Japan's corporate real estate sales hit 18-year high on strong demand

Japan's corporate real estate sales hit 18-year high on strong demand

Nippon Life to invest $9.4bn in Blackstone private credit deal

Nippon Life to invest $9.4bn in Blackstone private credit deal

MOST READ

Comforia Residential REIT to acquire five residences for Y10.3bn

Aoyama Zaisan Networks acquires Ueno retail building

Hoosiers to build rental apartment in Suginami-ku

List Development acquires Sendagaya office building

List Development acquires rental apartment building in Yokohama

Hokkoku Bank developing apartment building in Otsuka, Bunkyo-ku

SoftBank to expand into new office in Blue Front Shibaura

Ryoyo Ryosan Holdings to move to Toyosu Sail Park

L Plus acquires Nishi-Shinjuku office building

Chiyoda-ku retail building changes hands

GLP J-REIT to sell logistics facility in Tomisato City, Chiba

Tokyo office vacancies fall below 2% for 1st time since pandemic

Good Com Asset sells ten apartment buildings to fund

Properst sells Tsukishima apartment building

Daiichi Realtor to construct 56-room hotel in Asakusa

B-Lot Asset Management acquires Suidobashi capsule hotel

Unitika moving into Kyodo Building in Nihombashi-Muromachi

Amova Asset Management moving from Midtown Tower to Azabudai Hills

Keio Corp. acquires Meguro-ku apartment from South Korean SPC

Mitsui to build $1.4bn rental lab complex in central London

Nippon Steel Kowa and Keihanshin Building join CBRE's U.S. project

Ginza Boeki developing mixed-use building on Ginza Chuo-dori Street

Oi, Shinagawa-ku rental apartment building changes hands

Kintetsu Real Estate acquires apartment building in Shinjuku

SPC invested by Japan Logistics Fund to acquire four properties

Daiwa House secures development site in Osaka

Fact Base moving from Odaiba to Roppongi

Medical consulting firm Remedy to move from Otemachi to Toranomon

Cash buys dominate Tokyo and Osaka penthouses as luxury demand surges

Marubeni Asset Management launches fund with properties worth Y23bn

Running Out of Office Space

MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: JULY 2026

Local Markets: Osaka

Running Out of Office Space

Confusion over whether market is maturing or overheating

In Osaka, particularly the Yodoyabashi, Hommachi and Shinsaibashi area along Midosuji Boulevard, which runs northsouth through the city center, buildings directly connected to stations were constructed one after another between 2025 and 2026. Contracts for rental office floors are being concluded and the strong demand from tenants stands out. On the other hand, some tenants are unable to move due to a shortage of rental space, declining new supply and soaring rents. After having enjoyed the benefits of a booming economy, the overheated market is now starting to dry up due to inflation.

Analyst Survey | Deals Roundup | Relocation Update | News Digest

TRENDS

Progmat establishes Real-Estate-ST Emergence Consortium

Progmat establishes Real-Estate-ST Emergence Consortium

Marubeni Asset Management launches fund with properties worth Y23bn

Nippon Steel Kowa and Keihanshin Building join CBRE's U.S. project

Fukuoka Jisho increases stake in Fukuoka REIT asset management company

Tokyo Tatemono acquires rental housing complex in Arizona, US

MORE

DEALS

GLP J-REIT to acquire three logistics facilities for Y40.7bn

GLP J-REIT to acquire three logistics facilities for Y40.7bn

NTT Docomo Group sells building sites in Shinjuku and Hitotsubashi

Hoosiers to build rental apartment in Suginami-ku

Aoyama Zaisan Networks acquires Ueno retail building

List Development acquires Sendagaya office building

MORE

PROJECTS

Mitsubishi to construct rental apartment in Osaka

Mitsubishi to construct rental apartment in Osaka

Hoosiers to build rental apartment in Suginami-ku

Hokkoku Bank developing apartment building in Otsuka, Bunkyo-ku

Hankyu Hanshin Properties developing apartment building in Shinagawa

Daiwa House developing hotel in Iwamotocho, Chiyoda-ku

MORE

TENANTS

Japan Sewage Works Agency relocating to Meiji Yasuda Shinjuku Building

Japan Sewage Works Agency relocating to Meiji Yasuda Shinjuku Building

Orix leasing 10,000 tsubos in Hamamatsucho WTC Main Tower

Ryoyo Ryosan Holdings to move to Toyosu Sail Park

SoftBank to expand into new office in Blue Front Shibaura

NPR-Riken moving to Tokyo Sankei Building

MORE

STATS

What Happens to Demolished Office Buildings?

What Happens to Demolished Office Buildings?

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

MORE

LOCAL

GLP J-REIT to acquire three logistics facilities for Y40.7bn

GLP J-REIT to acquire three logistics facilities for Y40.7bn

Mitsubishi to construct rental apartment in Osaka

Mantomi acquires bank building in Kitakyushu from Hulic

Umeshin Kyobashi Fudosan acquires Osaka apartment building

Tatsumi acquires office building in Osaka

MORE

BUSINESS

Mitsui to build $1.4bn rental lab complex in central London

Mitsui to build $1.4bn rental lab complex in central London

Mitsubishi embarks on $9bn data center building spree in Japan

Mitsubishi embarks on $9bn data center building spree in Japan

Tokyo office vacancies fall below 2% for 1st time since pandemic

Tokyo office vacancies fall below 2% for 1st time since pandemic

Cash buys dominate Tokyo and Osaka penthouses as luxury demand surges

Cash buys dominate Tokyo and Osaka penthouses as luxury demand surges

Taiwan's wealth flows into Japan real estate as mainland Chinese retreat

Taiwan's wealth flows into Japan real estate as mainland Chinese retreat

Central Tokyo existing condo prices level off as investment demand wanes

Central Tokyo existing condo prices level off as investment demand wanes

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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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