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TOP STORY

GIC disposes of office building in Higashi, Shibuya-ku

GIC disposes of office building in Higashi, Shibuya-ku

Special purpose company SST West TMK, which is affiliated with Singaporean sovereign wealth fund GIC, sold an office property in Higashi, Shibuya-ku.

Hilltop Hotel sells office building close to Kanda Station

Hilltop Hotel sells office building close to Kanda Station

HSBC of the U.K. sells Nihombashi office building

HSBC of the U.K. sells Nihombashi office building

Daiwa Securities Realty acquires office building in Shimbashi

Daiwa Securities Realty acquires office building in Shimbashi

Raysum acquires three properties in Tokyo

Raysum acquires three properties in Tokyo

Yokorei to liquidate four properties, advancing strategic partnership with BGO

Yokorei to liquidate four properties, advancing strategic partnership with BGO

LATEST NEWS

Quo Card moving into wooden high-rise building in Nihombashi

Quo Card moving into wooden high-rise building in Nihombashi

Hilltop Hotel sells office building close to Kanda Station

Hilltop Hotel sells office building close to Kanda Station

Felt manufacturer Ichikawa to move to Sumitomo Fudosan Hongo Building

Felt manufacturer Ichikawa to move to Sumitomo Fudosan Hongo Building

GIC disposes of office building in Higashi, Shibuya-ku

GIC disposes of office building in Higashi, Shibuya-ku

Hulic eyes top banana distributor in diversification push

Hulic eyes top banana distributor in diversification push

Absentee owners abound on top floors of Tokyo, Osaka condos

Absentee owners abound on top floors of Tokyo, Osaka condos

Hotel Okura to open first Turkey property in 2028

Hotel Okura to open first Turkey property in 2028

Yusen Logistics consolidating some offices into Arco Tower

Yusen Logistics consolidating some offices into Arco Tower

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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

HSBC of the U.K. sells Nihombashi office building

Hotel Okura to open first Turkey property in 2028

Absentee owners abound on top floors of Tokyo, Osaka condos

Raysum acquires three properties in Tokyo

Hoosiers, Maverick Union jointly developing hotel in Okachimachi

Daiwa Securities Realty sells apartment building in Nihombashi-Bakurocho

Mitsui Fudosan to build physical AI hub near TSMC's Kumamoto base

Hulic eyes top banana distributor in diversification push

Yokorei to liquidate four properties, advancing strategic partnership with BGO

Yusen Logistics consolidating some offices into Arco Tower

Savills IM appoints Shusaku Watanabe as Head of Japan

Mitsubishi Estate Logistics REIT to acquire Osaka logistics facility

One REIT to sell Nagoya office building for Y8bn

Seibu Real Estate acquires student housing in Toshima-ku

Amanek developing 180-room hotel in central Kochi City

A.D. Works sells retail building near Azabu-Juban Station

Nihon Zaitaku acquires apartment building near Nishi-Shinjuku Station

NY Life investment arm steps up Japan private-asset push

Japan Hotel REIT to replace assets worth Y45.2bn

Taiheiyo Cement to gain Y18.7bn from land sale in Harumi, Chuo-ku

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

List Development acquires Sendagaya office building

L Plus acquires Nishi-Shinjuku office building

Chiyoda-ku retail building changes hands

Aoyama Zaisan Networks acquires Ueno retail building

Hokkoku Bank developing apartment building in Otsuka, Bunkyo-ku

Hoosiers to build rental apartment in Suginami-ku

NTT Docomo Group sells building sites in Shinjuku and Hitotsubashi

Orix leasing 10,000 tsubos in Hamamatsucho WTC Main Tower

List Development acquires rental apartment building in Yokohama

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

“Minnade Oyasan” facing severe cash flow issues, delays wage payment

“Minnade Oyasan” facing severe cash flow issues, delays wage payment

Savills IM appoints Shusaku Watanabe as Head of Japan

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

MORE

DEALS

Hilltop Hotel sells office building close to Kanda Station

Hilltop Hotel sells office building close to Kanda Station

GIC disposes of office building in Higashi, Shibuya-ku

HSBC of the U.K. sells Nihombashi office building

Raysum acquires three properties in Tokyo

Daiwa Securities Realty acquires office building in Shimbashi

MORE

PROJECTS

Hoosiers, Maverick Union jointly developing hotel in Okachimachi

Hoosiers, Maverick Union jointly developing hotel in Okachimachi

Shinwa Giken secures apartment development site in Sugamo, Toshima-ku

Amanek developing 180-room hotel in central Kochi City

Nomura to develop apartment buildings and dormitory in Shinagawa-ku

Mitsubishi to construct rental apartment building in Osaka

MORE

TENANTS

Quo Card moving into wooden high-rise building in Nihombashi

Quo Card moving into wooden high-rise building in Nihombashi

Felt manufacturer Ichikawa to move to Sumitomo Fudosan Hongo Building

Yusen Logistics consolidating some offices into Arco Tower

Sanshin Electronics provisionally moving to Ave. Takanawa

KongStudios to relocate to Nihonbashi-Honcho M-Square

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

Mitsubishi Estate Logistics REIT to acquire Osaka logistics facility

Mitsubishi Estate Logistics REIT to acquire Osaka logistics facility

One REIT to sell Nagoya office building for Y8bn

Amanek developing 180-room hotel in central Kochi City

Japan Hotel REIT to replace assets worth Y45.2bn

Digital Securities conducts STO after acquiring Kyoto hotel for Y3.3bn

MORE

BUSINESS

Hulic eyes top banana distributor in diversification push

Hulic eyes top banana distributor in diversification push

Absentee owners abound on top floors of Tokyo, Osaka condos

Absentee owners abound on top floors of Tokyo, Osaka condos

Hotel Okura to open first Turkey property in 2028

Hotel Okura to open first Turkey property in 2028

Mitsui Fudosan to build physical AI hub near TSMC's Kumamoto base

Mitsui Fudosan to build physical AI hub near TSMC's Kumamoto base

NY Life investment arm steps up Japan private-asset push

NY Life investment arm steps up Japan private-asset push

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

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

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

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