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Ares fund acquires three logistics properties from external entities

Ares fund acquires three logistics properties from external entities

A fund managed by Ares Management of the U.S. acquired three logistics properties. They are located in Kawasaki City in Kanagawa Prefecture, Kashiwa City in Chiba Prefecture and Hirakata City in Osaka Prefecture.

Mitsubishi sells office building in Ichigaya

Mitsubishi sells office building in Ichigaya

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

Ajinomoto headquarters buildings acquired by Shimizu and Nomura

Ajinomoto headquarters buildings acquired by Shimizu and Nomura

Hankyu Hanshin Properties and Haseko acquire warehouse in Shinagawa vicinity

Hankyu Hanshin Properties and Haseko acquire warehouse in Shinagawa vicinity

Totsu Fudosan Toshi developing its own brand hotel in Shibaura

LATEST NEWS

Ares fund acquires three logistics properties from external entities

Ares fund acquires three logistics properties from external entities

Mitsubishi sells office building in Ichigaya

Mitsubishi sells office building in Ichigaya

Realgate acquires apartment building for rehabilitation purposes

Realgate acquires apartment building for rehabilitation purposes

NTT Urban developing two apartment buildings in Suginami-ku

NTT Urban developing two apartment buildings in Suginami-ku

TerraSky to relocate to Tofrom Yaesu Tower

TerraSky to relocate to Tofrom Yaesu Tower

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

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

Leverages to establish new office in Osaki Riverwalk Garden

Leverages to establish new office in Osaki Riverwalk Garden

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

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EDITORS' PICK

Mizuho Leasing Company to invest Y30bn in Star Asia alliance

Mizuho Leasing Company to invest Y30bn in Star Asia alliance

Mizuho Leasing Company group and Star Asia Group LLC (Star Asia) decided to conclude a capital and business alliance agreement. Mizuho Leasing Company subsidiary ML Estate will, through its special purpose company, subscribe to a third-party allotment of new shares by Star Asia. It will invest 30 billion yen [$190 million].

Japan Hotel REIT to acquire Hyatt hotel in Nishi-Shinjuku

Japan Hotel REIT to acquire Hyatt hotel in Nishi-Shinjuku

Itochu and Sun Frontier enter alliance for business expansion

Itochu and Sun Frontier enter alliance for business expansion

Tokyo Gas private fund acquires large Toyosu mixed-use building (updated)

Tokyo Gas private fund acquires large Toyosu mixed-use building (updated)

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

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

Brookfield acquires Dentsu Headquarters Building for over Y300bn

Brookfield acquires Dentsu Headquarters Building for over Y300bn

CBRE IM forms logistics core fund of three properties

CBRE IM forms logistics core fund of three properties

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

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

Hulic and others acquire interest in Singapore industrial assets

Hulic and others acquire interest in Singapore industrial assets

Fuji Media Holdings removing real estate business from balance sheet

Fuji Media Holdings removing real estate business from balance sheet

MOST READ

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

Ajinomoto headquarters buildings acquired by Shimizu and Nomura

Asahi Kasei and Nippon Steel Kowa acquire Kioicho land

Centurion West acquires building in Shintomi, Chuo-ku

Hankyu Hanshin Properties and Haseko acquire warehouse in Shinagawa vicinity

Tokyu REIT obtains negotiation rights to acquire apartment buildings

Integral acquires Chiba warehouse from LaSalle Logiport REIT invested SPC

JMF acquiring retail facility under construction in Saitama

Totsu Fudosan Toshi developing its own brand hotel in Shibaura

Sumitomo Corp acquires Gotanda building for development

Trial, Seiyu concentrating offices in Sumitomo Fudosan Tamachi Building

SMFL Mirai Partners acquires Fukuoka logistics facility

Mitsui & Co. Digital Asset Management conducts STO

Nomura acquires retail and office building in Shirokanedai, Minato-ku

Sanko Seika to open office in PMO Shibuya II

Mitsubishi logistics REIT’s bridge fund to acquire Nagoya warehouse

Sotetsu, Columbia Works developing lifestyle hotel in Shibuya

Loadstar Capital sells Ginza mixed-use building

Integral acquires Chiba warehouse from LaSalle Logiport REIT invested SPC

Orix JREIT to acquire two residential properties in Osaka

Orix JREIT to conduct asset replacement worth Y28.5bn

FPG acquires Shinsaibashi building and part of Roppongi Hills Mori Tower

SPC backed by Sosila Logistics REIT to acquire three logistics facilities

Mitsubishi developing rental apartment building in Asakusa

Sky Field Corp moving to IT Tower Tokyo

JLF to acquire Saga logistics facility and Yokohama leased site

Vortex acquires office and retail building in Akasaka

Frank acquires apartment building in Nezu, Bunkyo-ku

Avalsec’s SPC developing luxury hotel in Ginza

Sala acquires Aichi apartment buildings from Ichigo Private REIT

Rents Rise All at Once

MONTHLY REPORTS

WHAT'S IN THE MONTHLY EDITION: MARCH 2026

Review: 2025 Rents

Rents Rise All at Once

Significant floor shortage caused by increased in-office work

In 2025, contracted rents in Tokyo office market further rose. In recent years, the upward trend has intensified at an unprecedented speed. This trend is driven by rising demand for office space, reflecting increased personnel and a return to the office. Contracts for large-scale spaces were concluded one after another and floor expansions in the same buildings were also active. There were only a few advertised floors in the latter half of the year. As options for relocation destinations become limited, demand is even spreading to suburban areas.

Interview | Market Knowledge | Deals Roundup | Relocation Update | News Digest

TRENDS

LaSalle Logiport to invest in Kobe logistics facility development project

LaSalle Logiport to invest in Kobe logistics facility development project

Es-Con Japan to acquire Ark Real Estate assets

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.

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DEALS

Ares fund acquires three logistics properties from external entities

Ares fund acquires three logistics properties from external entities

Mitsubishi sells office building in Ichigaya

Realgate acquires apartment building for rehabilitation purposes

CBRE makes same-boat investment, becomes asset manager of Tsukuba facility

Ajinomoto headquarters buildings acquired by Shimizu and Nomura

MORE

PROJECTS

NTT Urban developing two apartment buildings in Suginami-ku

NTT Urban developing two apartment buildings in Suginami-ku

Keikyu, Japan Post developing apartment building in Ota-ku

Totsu Fudosan Toshi developing its own brand hotel in Shibaura

Daiichi Realtor to develop hotel in Ueno

Sotetsu, Columbia Works developing lifestyle hotel in Shibuya

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TENANTS

TerraSky to relocate to Tofrom Yaesu Tower

TerraSky to relocate to Tofrom Yaesu Tower

Leverages to establish new office in Osaki Riverwalk Garden

EPLink relocating to newly constructed PMO Ichigaya

Sanko Seika to open office in PMO Shibuya II

Trial, Seiyu concentrating offices in Sumitomo Fudosan Tamachi Building

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STATS

Tokyo Office Rents to Rise 16% Over Next Five Years

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

Environmental Certification Costs

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LOCAL

Ares fund acquires three logistics properties from external entities

Ares fund acquires three logistics properties from external entities

Orix JREIT to acquire two residential properties in Osaka

Mitsui & Co. Digital Asset Management conducts STO

Mitsubishi logistics REIT’s bridge fund to acquire Nagoya warehouse

SMFL Mirai Partners acquires Fukuoka logistics facility

MORE

BUSINESS

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

Blackstone to invest $15bn in Japan over three years

Blackstone to invest $15bn in Japan over three years

Foreign-led development draws Japan firms to Niigata ski resort Myoko

Foreign-led development draws Japan firms to Niigata ski resort Myoko

US startup offers furnished apartments in Tokyo for digital nomads

US startup offers furnished apartments in Tokyo for digital nomads

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

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

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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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