Last Update: 07/08 2026 14:10 JST

NIKKEI REAL ESTATE MARKET REPORT

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TOP STORY

LaSalle acquires Yoyogi office building
DEALS

LaSalle acquires Yoyogi office building

LaSalle Investment Management of the U.S. acquired an office building in Sendagaya, Shibuya-ku.

NEW
Mantomi acquires bank building in Kitakyushu from Hulic
DEALS
LOCAL

Mantomi acquires bank building in Kitakyushu from Hulic

NEW
Tatsumi acquires office building in Osaka
DEALS
LOCAL

Tatsumi acquires office building in Osaka

NEW
Mitsubishi Logistics sells two office buildings in Osaka City
DEALS
LOCAL

Mitsubishi Logistics sells two office buildings in Osaka City
Mitsui & Co. Digital Asset Management conducts STO of leased site
DEALS

Mitsui & Co. Digital Asset Management conducts STO of leased site
Dear Life acquires Shinjuku building near Gaien Nishi-dori Street
DEALS

Dear Life acquires Shinjuku building near Gaien Nishi-dori Street

LATEST NEWS

JR East group moving into Meiji Yasuda Shinjuku Building
TENANTS

JR East group moving into Meiji Yasuda Shinjuku Building

NEW
SRE Holdings sells apartment building in Togoshi, Shinagawa-ku
DEALS

SRE Holdings sells apartment building in Togoshi, Shinagawa-ku

NEW
LaSalle acquires Yoyogi office building
DEALS

LaSalle acquires Yoyogi office building

NEW
Mantomi acquires bank building in Kitakyushu from Hulic
DEALS
LOCAL

Mantomi acquires bank building in Kitakyushu from Hulic

NEW
Umeshin Kyobashi Fudosan acquires Osaka apartment building
DEALS
LOCAL

Umeshin Kyobashi Fudosan acquires Osaka apartment building

NEW
Sun Frontier sells Harajuku retail building to Samoan corporation
DEALS

Sun Frontier sells Harajuku retail building to Samoan corporation

NEW
July 2026, Issue 204

July 2026, Issue 204

NEW
Beta moving to Hibiya Central Building to expand office
TENANTS

Beta moving to Hibiya Central Building to expand office

NEW
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EDITORS' PICK

SPC invested by Japan Logistics Fund to acquire four properties
DEALS

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
TRENDS

Nippon Steel Kowa and Keihanshin Building join CBRE's U.S. project
Mori Building joins building redevelopment project in New York
TRENDS

Mori Building joins building redevelopment project in New York
Kanden Realty & Development acquires logistics facility near Brisbane
TRENDS

Kanden Realty & Development acquires logistics facility near Brisbane
Mitsubishi developing 16,000 m2 GFA apartment building in Gotanda
PROJECTS

Mitsubishi developing 16,000 m2 GFA apartment building in Gotanda
TPG becomes major investor in large-scale Yokohama logistics facilities
DEALS

TPG becomes major investor in large-scale Yokohama logistics facilities
H.I.S. to sell former headquarters floors to Mori Trust
DEALS

H.I.S. to sell former headquarters floors to Mori Trust
Brookfield bets on its Japan business to top Hong Kong and Singapore
BUSINESS

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
BUSINESS

Japan's corporate real estate sales hit 18-year high on strong demand
Nippon Life to invest $9.4bn in Blackstone private credit deal
BUSINESS

Nippon Life to invest $9.4bn in Blackstone private credit deal

MOST READ

Today
Weekly
Monthly

Taiwan's wealth flows into Japan real estate as mainland Chinese retreat

Cash buys dominate Tokyo and Osaka penthouses as luxury demand surges

Mitsubishi developing student housing near Waseda University

Progmat establishes Real-Estate-ST Emergence Consortium

Tatsumi acquires office building in Osaka

Beta moving to Hibiya Central Building to expand office

B-Lot sells rental apartment building in Ota-ku

Mitsubishi Logistics sells two office buildings in Osaka City

Sun Frontier Fudousan sells Nihombashi-Koamicho building

Shopping bag manufacturer moving to IT Tower Tokyo in Nishi-Ikebukuro
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
MORE

DEALS

SRE Holdings sells apartment building in Togoshi, Shinagawa-ku

SRE Holdings sells apartment building in Togoshi, Shinagawa-ku

NEW

LaSalle acquires Yoyogi office building

NEW

Mantomi acquires bank building in Kitakyushu from Hulic

NEW

Umeshin Kyobashi Fudosan acquires Osaka apartment building

NEW

Sun Frontier sells Harajuku retail building to Samoan corporation

NEW
MORE

PROJECTS

Mitsubishi developing student housing near Waseda University

Mitsubishi developing student housing near Waseda University

NEW

Sekisui House Real Estate sells land in Osaka

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

Taisei JV to renovate former Kyoto Shimbun HQ into hotel

Marubeni Real Estate Development and Sohgo Housing to develop apartments in Tokyo
MORE

TENANTS

JR East group moving into Meiji Yasuda Shinjuku Building

JR East group moving into Meiji Yasuda Shinjuku Building

NEW

Beta moving to Hibiya Central Building to expand office

NEW

Shopping bag manufacturer moving to IT Tower Tokyo in Nishi-Ikebukuro

Axelspace Holdings moving to Nihonbashi-Honcho M-Square

Oki Electric Industry to open new office in Shinagawa Seaside
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

Mantomi acquires bank building in Kitakyushu from Hulic

Mantomi acquires bank building in Kitakyushu from Hulic

NEW

Umeshin Kyobashi Fudosan acquires Osaka apartment building

NEW

Tatsumi acquires office building in Osaka

NEW

Mitsubishi Logistics sells two office buildings in Osaka City

Kokuyo to sell former Osaka headquarters and other assets
MORE

BUSINESS

Cash buys dominate Tokyo and Osaka penthouses as luxury demand surges

Cash buys dominate Tokyo and Osaka penthouses as luxury demand surges

NEW
Taiwan's wealth flows into Japan real estate as mainland Chinese retreat
BUSINESS

Taiwan's wealth flows into Japan real estate as mainland Chinese retreat

NEW
Central Tokyo existing condo prices level off as investment demand wanes
BUSINESS

Central Tokyo existing condo prices level off as investment demand wanes
Tokyo eyes more affordable housing in Shibuya with zoning rule change
BUSINESS

Tokyo eyes more affordable housing in Shibuya with zoning rule change
Japan developers warn of risk for new condo delays due to Iran war
BUSINESS

Japan developers warn of risk for new condo delays due to Iran war
Japan's Sapporo doubles down on beer by shedding real estate
BUSINESS

Japan's Sapporo doubles down on beer by shedding real estate
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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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