Recent price trends in Tokyo's apartment rental market
Several reports on Tokyo’s apartment rental market were released over the past few weeks, highlighting some recent trends based on apartment type and size.Read more
Occupancy, Yields, and Rents for Tokyo’s multifamily market
In a data-driven analysis into Tokyo's multifamily real estate market, we examined a sample of 50 apartment buildings comprising nearly 1,000 units listed for sale across the city's 23 wards as of August 2024. This gives us a snapshot of occupancy rates, yields, and rents. Based on this sample, the median gross* yield is 4.09%.Read more
Just how unpopular are fixed-term leases?
If you are investing in multifamily assets in Japan, you’re probably thinking about the potential to raise rents in the near future. But, Japanese tenancy laws do not allow unilateral rental increases for standard, renewable leases. There is the option of fixed-term leases, but how popular are they?Read more
Tokyo Office Rentals: Pandemic-Era Insights by Building Size
Office rental data published by Sanko Estate illustrates how different sized buildings fared during the pandemic. Given the overwhelming number of small and medium sized companies in Tokyo, this can impact the sub-sectors of the office market in different ways.Read more
REIT acquires student housing in Tokyo
A J-REIT is acquiring the trust beneficiary rights to a 182-unit purpose-built student accommodation asset in Tokyo from its sponsor at a cap rate of 4.07%.Read more
Free rent on the rise in the office leasing sector
Although office vacancy rates in Tokyo have been shrinking and rents appear to be recovering from a recent low, incentives, such as free rental periods, are on the rise. This might indicate some continued softness in the office market sector.Read more
Rental apartments in Tokyo see a drop in deposits but a rise in key money
Residential rental listings offering no deposit are on the rise across greater Tokyo, but those offering no key or gift money are becoming less common at certain price points.
Why would landlords be reducing deposits but increasing gift money?
It’s a combination of both market forces and maximizing total rental income for a landlord.Read more