Top - NIKKEI REAL ESTATE MARKET REPORT

NOTICE

National Holiday: February 23 (Mon)

TOP STORY

Nippon REIT to acquire four properties including hotel for Y15.4bn

Nippon REIT to acquire four properties including hotel for Y15.4bn

Nippon REIT, which is associated with SBI Holdings, will acquire a total of four properties, including a hotel in Chiyoda-ku. The total acquisition price is approximately 15.42 billion yen [$98 million].

Nippon Steel Kowa to construct Nippombashi, Osaka hotel

Nippon Steel Kowa to construct Nippombashi, Osaka hotel

Nittaku Group acquires properties in Shimbashi for approximately Y23bn

Nittaku Group acquires properties in Shimbashi for approximately Y23bn

Sun Frontier acquires Tsukiji building from Hulic

Sun Frontier acquires Tsukiji building from Hulic

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

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

Nomura private REIT acquires Nishi-Shinjuku office building

Nomura private REIT acquires Nishi-Shinjuku office building

LATEST NEWS

Levechy acquires Shibaura office building

Levechy acquires Shibaura office building

WeWork to open third Fukuoka base in Nishi-Nippon City Building

WeWork to open third Fukuoka base in Nishi-Nippon City Building

Hitachi Construction Machinery to move to Otemachi Gate Building

Hitachi Construction Machinery to move to Otemachi Gate Building

Nippon REIT to acquire four properties including hotel for Y15.4bn

Nippon REIT to acquire four properties including hotel for Y15.4bn

Nippon Steel Kowa to construct Nippombashi, Osaka hotel

Nippon Steel Kowa to construct Nippombashi, Osaka hotel

Nittaku Group acquires properties in Shimbashi for approximately Y23bn

Nittaku Group acquires properties in Shimbashi for approximately Y23bn

Sun Frontier acquires Tsukiji building from Hulic

Sun Frontier acquires Tsukiji building from Hulic

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

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

MORE

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

Nippon REIT to acquire four properties including hotel for Y15.4bn

Levechy acquires Shibaura office building

WeWork to open third Fukuoka base in Nishi-Nippon City Building

Tokyo Trust Capital acquires newly built office in Hatchobori

Hitachi Construction Machinery to move to Otemachi Gate Building

Dentsu Soken opening new base in Torch Tower in 2028

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

Atomix moving from owned building in Itabashi to Nishi-Shinjuku

Ginsen secures 986 m2 of land near Kanda Station

Hankyu Hanshin Properties developing building in Shinjuku

Escon Japan REIT to acquire hotel and sell leased sites

Heiwa REIT to acquire office building in Nagoya

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

Canada's Brookfield to buy Dentsu's Tokyo headquarters tower in $2bn deal

Tatsumi acquires properties in Osaka and Kyoto

Dentsu Soken opening new base in Torch Tower in 2028

Mitsui & Co. Real Estate developing apartment building in Nakano

ACN Fudosan purchases mixed-use building in Akihabara vicinity

FPG securitizes Kanda medical building

Brookfield acquires Dentsu Headquarters Building for over Y300bn

Mitsubishi, others renovating London office building

Railway operator Nishitetsu to build homes in Manila suburbs

Hoosiers Private REIT obtains negotiation rights for Tokyo and Chiba properties

Bush Clofied sells retail building in Shibuya

Japan's 3 top banks on track to earn record profits for fiscal year

Fuji Media Holdings removing real estate business from balance sheet

Hulic and Realgate establish joint venture in renovation business

Hulic and others acquire interest in Singapore industrial assets

Loadstar to issue real estate security token by summer

Ajinomoto to sell headquarters buildings in Kyobashi for Y45.1bn

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

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

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

Hulic and others acquire interest in Singapore industrial assets

Loadstar to issue real estate security token by summer

Mitsubishi, others renovating London office building

Fuji Media Holdings removing real estate business from balance sheet

MORE

DEALS

Levechy acquires Shibaura office building

Levechy acquires Shibaura office building

Nippon REIT to acquire four properties including hotel for Y15.4bn

Nittaku Group acquires properties in Shimbashi for approximately Y23bn

Sun Frontier acquires Tsukiji building from Hulic

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

MORE

PROJECTS

Nippon Steel Kowa to construct Nippombashi, Osaka hotel

Nippon Steel Kowa to construct Nippombashi, Osaka hotel

Hankyu Hanshin Properties developing building in Shinjuku

Mixed-use facility opening in Iidabashi in FY2037

Mitsui & Co. Real Estate developing apartment building in Nakano

Tokyo Tatemono developing office and restaurant building in Kyobashi

MORE

TENANTS

WeWork to open third Fukuoka base in Nishi-Nippon City Building

WeWork to open third Fukuoka base in Nishi-Nippon City Building

Hitachi Construction Machinery to move to Otemachi Gate Building

Atomix moving from owned building in Itabashi to Nishi-Shinjuku

Asuka Shinkumi Bank acquires new Shiba-Daimon office building

Dentsu Soken opening new base in Torch Tower in 2028

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

MORE

LOCAL

Nippon Steel Kowa to construct Nippombashi, Osaka hotel

Nippon Steel Kowa to construct Nippombashi, Osaka hotel

Mirarth REIT to acquire and sell properties, expanding assets

JRE to sell office building in Tenjin, Fukuoka

Tatsumi acquires properties in Osaka and Kyoto

Ardepro acquires apartment building in Sakuragawa, Osaka

MORE

BUSINESS

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

Canada's Brookfield to buy Dentsu's Tokyo headquarters tower in $2bn deal

Canada's Brookfield to buy Dentsu's Tokyo headquarters tower in $2bn deal

Railway operator Nishitetsu to build homes in Manila suburbs

Railway operator Nishitetsu to build homes in Manila suburbs

Japan's 3 top banks on track to earn record profits for fiscal year

Japan's 3 top banks on track to earn record profits for fiscal year

Mitsubishi UFJ Trust readies back-office support for 'Japan buying' funds

Mitsubishi UFJ Trust readies back-office support for 'Japan buying' funds

MORE

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

MORE