Off-market properties sourced in Q1
It has taken many, many meetings, but we have managed to source over ¥80 billion (US$530 million) in off-market listings to present to clients over this past quarter. Over 80% of those properties are in Tokyo’s 23 wards. Read more
Japan's land values reach highest level since 1991
Annual land values were announced on Tuesday and the return-to-work trend, recovery in inbound tourism, and a dispersal of attention away from Niseko and towards other cheaper ski resort destinations is apparent.Read more
Japan’s lawyer-only office buildings
Ever heard of a lawyers building (弁護士ビル) ? As the name suggests, they’re designed almost exclusively for law offices.Read more
REIT sells Shinagawa office at loss as vacancy rate jumps to 50%
A J-REIT has sold a large office building in Shinagawa at a 12% loss to an unnamed buyer. The sale price of 61 billion Yen (approx. US$403 million) is 12% below book value and 8.5% below an October 2023 appraisal.Read more
Chiyoda office vacancy rate reaches 39-month low
In February, the office vacancy rate in the Chiyoda business district in Tokyo reached the lowest level in 39 months. According to office brokerage Miki Shoji, the vacancy rate dropped by 0.2 points from the previous month to 2.96%. This is 1.4 points lower than 12 months ago.Read more
A brief market rundown for a multi-family building in Tokyo
Here’s a summary of a market analysis on a multi-family apartment building for sale in Tokyo. Transport-wise, it’s an area that offers a short commute for office workers.Read more
How do we source sale listings?
Mostly through a professional network that we have carefully maintained and grown over the past 15 years.Read more