The average office vacancy rate in Tokyo’s central five wards eased to 5.4 percent in March from 6.2 percent six months earlier, dropping below 6 percent for the first time in three years, according to DWS.
Average vacancy for newly… Read More>>
Asia Pacific real estate investment news and information

The average office vacancy rate in Tokyo’s central five wards eased to 5.4 percent in March from 6.2 percent six months earlier, dropping below 6 percent for the first time in three years, according to DWS.
Average vacancy for newly… Read More>>

Tokyo’s office market continues to defy the global deskspace doldrums with rents expected to continue rising and vacancy to remain tight for the rest of 2024, signaling further strength for one of Asia’s hottest real estate investment destinations.
Average Grade… Read More>>

Ichigo Office REIT has announced the sale of two ageing buildings to undisclosed buyers for a total of JPY 4.5 billion ($29 million), with the Tokyo-listed trust set to reap JPY 1.3 billion in gains from the disposals.
The REIT,… Read More>>

A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo mega-project anchored by a 57,000-seat stadium, with the project on the former site of the Tsukiji market expected to cost around JPY… Read More>>

Alyssa Partners and Gaw Capital Partners have acquired a portfolio of 29 Tokyo apartment buildings from a major Japanese conglomerate, according to an announcement on Friday, with the purchase of 835 homes representing the country’s largest trade of rental residential… Read More>>

Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer continues to expand in Japan.
“Proud to announce our Hines Japan team has acquired the newly-built, 14-story Zenith Minami Shinjuku office building in… Read More>>

As office rents in central Tokyo continue to climb, Germany’s Union Investment has sold a pair of commercial towers in the city’s central Shibuya ward after holding the assets for over nine years.
The Frankfurt-based fund manager in February announced… Read More>>

Just one week after announcing a $587 million capital raise to fund its expansion beyond mainland China, Shanghai-based data centre developer and operator GDS has struck a partnership with Gaw Capital to build a 40-megawatt (MW) data centre campus in… Read More>>

United Urban Investment Corporation has agreed to sell an ageing Greater Tokyo office building to an undisclosed buyer for JPY 19 billion ($130 million), with the TSE-listed REIT also planning to acquire more strata space in the capital’s Chiyoda ward.

Japan’s Global Link Management is selling a portfolio of apartment buildings across Tokyo and two neighbouring prefectures as investors continue to favour opportunities in Asia’s largest rental housing market.
The TSE-listed developer is selling 14 multi-family properties in Tokyo, Saitama,… Read More>>