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GLP Japan starts construction of 830,000 m2 GFA warehouse in Akishima City, Tokyo

GLP Japan starts construction of 830,000 m2 GFA warehouse in Akishima City, Tokyo

GLP Japan, which is under the umbrella of Ares Management of the U.S., started construction of a logistics facility with an aggregate gross floor area of approximately 830,000 m2, in Akishima City, Tokyo.

Chiyoda-ku retail building changes hands

Chiyoda-ku retail building changes hands

List Development acquires rental apartment building in Yokohama

List Development acquires rental apartment building in Yokohama

SC Capital Partners acquires hotel in Shinjuku’s Kabukicho

SC Capital Partners acquires hotel in Shinjuku’s Kabukicho

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

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

Sun Frontier acquires office building in Ichigaya

Sun Frontier acquires office building in Ichigaya

LATEST NEWS

NPR-Riken moving to Tokyo Sankei Building

NPR-Riken moving to Tokyo Sankei Building

GLP Japan starts construction of 830,000 m2 GFA warehouse in Akishima City, Tokyo

GLP Japan starts construction of 830,000 m2 GFA warehouse in Akishima City, Tokyo

Chiyoda-ku retail building changes hands

Chiyoda-ku retail building changes hands

List Development acquires rental apartment building in Yokohama

List Development acquires rental apartment building in Yokohama

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

Jingumae apartment building sold

Jingumae apartment building sold

SC Capital Partners acquires hotel in Shinjuku’s Kabukicho

SC Capital Partners acquires hotel in Shinjuku’s Kabukicho

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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

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

SC Capital Partners acquires hotel in Shinjuku’s Kabukicho

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

Jingumae apartment building sold

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

Good Com Asset sells ten apartment buildings to fund

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

Sun Frontier acquires office building in Ichigaya

Keio Realty & Development sells apartment building in Bunkyo-ku

Daiichi Realtor to construct 56-room hotel in Asakusa

Cash buys dominate Tokyo and Osaka penthouses as luxury demand surges

Tatsumi acquires office building in Osaka

Beta moving to Hibiya Central Building to expand office

SRE Holdings sells apartment building in Togoshi, Shinagawa-ku

JR East group moving into Meiji Yasuda Shinjuku Building

Mantomi acquires bank building in Kitakyushu from Hulic

Umeshin Kyobashi Fudosan acquires Osaka apartment building

Sun Frontier sells Harajuku retail building to Samoan corporation

LaSalle acquires Yoyogi office building

Hulic acquires large office building in Koto-ku

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

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DEALS

Chiyoda-ku retail building changes hands

Chiyoda-ku retail building changes hands

List Development acquires rental apartment building in Yokohama

Jingumae apartment building sold

SC Capital Partners acquires hotel in Shinjuku’s Kabukicho

Keio Realty & Development sells apartment building in Bunkyo-ku

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PROJECTS

GLP Japan starts construction of 830,000 m2 GFA warehouse in Akishima City, Tokyo

GLP Japan starts construction of 830,000 m2 GFA warehouse in Akishima City, Tokyo

Daiichi Realtor to construct 56-room hotel in Asakusa

Mitsubishi developing student housing near Waseda University

Sekisui House Real Estate sells land in Osaka

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

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TENANTS

NPR-Riken moving to Tokyo Sankei Building

NPR-Riken moving to Tokyo Sankei Building

Unitika moving into Kyodo Building in Nihombashi-Muromachi

Amova Asset Management moving from Midtown Tower to Azabudai Hills

JR East group moving into Meiji Yasuda Shinjuku Building

Beta moving to Hibiya Central Building to expand office

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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

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LOCAL

Mantomi acquires bank building in Kitakyushu from Hulic

Mantomi acquires bank building in Kitakyushu from Hulic

Umeshin Kyobashi Fudosan acquires Osaka apartment building

Tatsumi acquires office building in Osaka

Mitsubishi Logistics sells two office buildings in Osaka City

Kokuyo to sell former Osaka headquarters and other assets

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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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