Last Update: 04/24 2026 06:00 JST

NIKKEI REAL ESTATE MARKET REPORT

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Dai-ichi Life Diversified REIT acquires Koshigaya electronics retail store
DEALS

Dai-ichi Life Diversified REIT acquires Koshigaya electronics retail store

Dai-ichi Life Diversified REIT, a private REIT managed by Dai-ichi Life Realty Asset Management for qualified institutional investors, acquired a retail building in Minami-Ogishima, Koshigaya City, Saitama Prefecture.

NEW
Daiwa Securities Living REIT to sell two Nagoya apartments
DEALS
LOCAL

Daiwa Securities Living REIT to sell two Nagoya apartments

NEW
HistoRy, Realgate jointly acquire Shibuya office building
DEALS

HistoRy, Realgate jointly acquire Shibuya office building

NEW
CapitaLand Ascott Trust acquires three properties in Hiratsuka for Y4.6bn
DEALS

CapitaLand Ascott Trust acquires three properties in Hiratsuka for Y4.6bn
Kyushu Electric forms two funds, incorporating logistics facilities
DEALS
LOCAL

Kyushu Electric forms two funds, incorporating logistics facilities
Fortress acquires logistics facilities in Kawasaki and Shizuoka
DEALS
LOCAL

Fortress acquires logistics facilities in Kawasaki and Shizuoka

LATEST NEWS

Sanwa-Juhan developing office building in Umeda, Osaka City
PROJECTS
LOCAL

Sanwa-Juhan developing office building in Umeda, Osaka City

NEW
Dai-ichi Life Diversified REIT acquires Koshigaya electronics retail store
DEALS

Dai-ichi Life Diversified REIT acquires Koshigaya electronics retail store

NEW
Seino Transportation developing apartment building in Nihombashi-Hamacho
PROJECTS

Seino Transportation developing apartment building in Nihombashi-Hamacho

NEW
Admiral acquires two buildings in Chiyoda-ku
DEALS

Admiral acquires two buildings in Chiyoda-ku

NEW
Daiwa Securities Living REIT to sell two Nagoya apartments
DEALS
LOCAL

Daiwa Securities Living REIT to sell two Nagoya apartments

NEW
Daiwa House Industry to construct hotel in Ueno vicinity
PROJECTS
DEALS

Daiwa House Industry to construct hotel in Ueno vicinity

NEW
HistoRy, Realgate jointly acquire Shibuya office building
DEALS

HistoRy, Realgate jointly acquire Shibuya office building

NEW
Sumitomo Mitsui Trust Panasonic Finance to restructure and relocate
TENANTS

Sumitomo Mitsui Trust Panasonic Finance to restructure and relocate

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EDITORS' PICK

Mitsubishi logistics REIT’s bridge fund to acquire Nagoya warehouse
DEALS
LOCAL

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
DEALS
LOCAL

Nomura Real Asset Investment acquires large hotel in Namba, Osaka
LaSalle Logiport to invest in Kobe logistics facility development project
TRENDS

LaSalle Logiport to invest in Kobe logistics facility development project
Blackstone to invest $15bn in Japan over three years
BUSINESS

Blackstone to invest $15bn in Japan over three years
Mitsui & Co. sells interest in owned building in Osaka
DEALS
LOCAL

Mitsui & Co. sells interest in owned building in Osaka
Hulic to sell large mixed-use facility in Minato Mirai
DEALS

Hulic to sell large mixed-use facility in Minato Mirai
Singapore’s UI Boustead REIT lists with Koto-ku office and others
DEALS
LOCAL

Singapore’s UI Boustead REIT lists with Koto-ku office and others
Norinchukin Bank eyes Japan real estate with CBRE after huge bond loss
BUSINESS

Norinchukin Bank eyes Japan real estate with CBRE after huge bond loss
Tokyo office space supply runs low amid record demand, project delays
BUSINESS

Tokyo office space supply runs low amid record demand, project delays
CBRE IM and Nextdc to develop data center near Tokyo Tower
PROJECTS

CBRE IM and Nextdc to develop data center near Tokyo Tower

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HistoRy, Realgate jointly acquire Shibuya office building

KT Capital acquires hotel in Nishiki, Nagoya City

Daiwa House Industry to construct hotel in Ueno vicinity

Sohgo Housing developing apartment building in Meguro-ku

Kyushu Electric forms two funds, incorporating logistics facilities

Fortress acquires logistics facilities in Kawasaki and Shizuoka

CapitaLand Ascott Trust acquires three properties in Hiratsuka for Y4.6bn

Sumitomo Mitsui Trust Panasonic Finance to restructure and relocate

Hoshino Resorts REIT to sell hotel in Naha City

Singapore's GIC wants to help Japan Inc. thrive, CEO says
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
MORE

DEALS

Dai-ichi Life Diversified REIT acquires Koshigaya electronics retail store

Dai-ichi Life Diversified REIT acquires Koshigaya electronics retail store

NEW

Admiral acquires two buildings in Chiyoda-ku

NEW

Daiwa Securities Living REIT to sell two Nagoya apartments

NEW

Daiwa House Industry to construct hotel in Ueno vicinity

NEW

HistoRy, Realgate jointly acquire Shibuya office building

NEW
MORE

PROJECTS

Sanwa-Juhan developing office building in Umeda, Osaka City

Sanwa-Juhan developing office building in Umeda, Osaka City

NEW

Seino Transportation developing apartment building in Nihombashi-Hamacho

NEW

Daiwa House Industry to construct hotel in Ueno vicinity

NEW

Saison Realty developing apartment building in Osaka

Sohgo Housing developing apartment building in Meguro-ku
MORE

TENANTS

Sumitomo Mitsui Trust Panasonic Finance to restructure and relocate

Sumitomo Mitsui Trust Panasonic Finance to restructure and relocate

NEW

JTB to relocate from Higashi-Shinagawa to Shiodome City Center

DTS moving from Hatchobori to Ark Mori Building

Oki Electric Industry to establish office in Takanawa Gateway City

Fund Creation Group moving to Sengokuyama Mori Tower
MORE

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
MORE

LOCAL

Sanwa-Juhan developing office building in Umeda, Osaka City

Sanwa-Juhan developing office building in Umeda, Osaka City

NEW

Daiwa Securities Living REIT to sell two Nagoya apartments

NEW

Saison Realty developing apartment building in Osaka

KT Capital acquires hotel in Nishiki, Nagoya City

Kyushu Electric forms two funds, incorporating logistics facilities
MORE

BUSINESS

Singapore's GIC wants to help Japan Inc. thrive, CEO says

Singapore's GIC wants to help Japan Inc. thrive, CEO says
Tokyo logistics project by GLP Japan hit with cost overruns
BUSINESS

Tokyo logistics project by GLP Japan hit with cost overruns
Mitsubishi, Shimizu to build Singapore food logistics plant
BUSINESS

Mitsubishi, Shimizu to build Singapore food logistics plant
Japan homebuilders plan price hikes on higher pipe, paint costs
BUSINESS

Japan homebuilders plan price hikes on higher pipe, paint costs
SMFG and Nippon Life weigh $3bn private credit fund for deal financing
BUSINESS

SMFG and Nippon Life weigh $3bn private credit fund for deal financing
Sumitomo Forestry bets big on US housing market, eyeing local majors
BUSINESS

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

DATA

Transaction Data

73 Transactions Data - Up to May, 2009

103 Transactions Data - Up to April, 2009

74 Transactions Data - Up to March, 2009

81 Transactions Data - Up to February, 2009

3360 Transactions Data - Up to January, 2009 ( CSV only )

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