Today, the Nikkei Real Market Report is announcing its new contents, to expand its knowledgebase about Japanese property market. The contents, Closing Rent Survey and renewed City Guide are targeting institutional investors, issued in the aim of improving transparency of the second largest property market in the world.

Closing Rent Survey offers an historical view of closing rents for rental office buildings, located in 42 business districts in Tokyo and Yokohama. The database, accumulated from six years of our activity in the commercial real estate industry, is based on actual cases of successfully closed contracts with new tenants. Our proprietary data differs from publicly available advertised rents, and more accurately reflects actual market values.

We also made a drastic renewal of City Guide , an unique guide for real estate investors, by adding information of five regional cities including Sapporo, Sendai, Kyoto, Kobe and Naha. Learning the basics, a comprehensive guide of Tokyo and nine major cities, gives you a basic idea about historical changes of land price and snapshots of major macroeconomic indices. Existing guide of major business districts are also updated by adding information of new developments, list of major buildings and many photographs.

The City Guide is offered for free to subscribers and non-subscribers as well. For details of each city, click the red dots on the map below left. Closing Rent Survey will be offered solely for subscribers, but it remains free to access for a certain time period.

(Jun Homma, the webmaster)