This is a brief summary of some of the off-market properties we have sourced for clients over the past month. Supply remains thin, but we did unearth some good options.
- Several newly built multi-family buildings in Tokyo with cap rates in the 2~3% range.
- Executive housing building.
- City hotels in Tokyo, Osaka and Kyoto (50 ~ 150 rooms). Most have the option to switch out operators.
- Retail buildings in Tokyo’s Minato ward.
- Several commercial redevelopment sites in Tokyo.
- For the collectors, a property designed by a prominent Japanese architect.