Office Transactions & Cap Rates in Nagoya
20 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
20
Median CR (last 12 months)
3.60%
CR range (last 3 years)
3.1–4.6%
Avg. price (all time)
38.0×¥100M
5 Office transactions in Nagoya were disclosed in the last 12 months, with a median cap rate of 3.60%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
Breakdown by ward
| Ward | Transactions | Cap rate |
|---|---|---|
| 名古屋市中区 | 8 | 4.50% |
| 名古屋市中村区 | 3 | 3.70% |
| 名古屋市千種区 | 1 | 4.60% |
All transactions (20)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2026/03 | Kamimaezu KD Building | — | 33.2×¥100M | — | 39 | REIT-IR ↗ |
| 2026/03 | Enishio Nagoya (10% undivided interest) | — | 34.1×¥100M | — | 4 | REIT-IR ↗ |
| 2026/03 | Enishio Meieki | 中村区 | 34.1×¥100M | 3.10% | 3 | REIT-IR ↗ |
| 2026/03 | Nagoya Heiwa Building | 中区 | 51.1×¥100M | 3.60% | 22 | REIT-IR ↗ |
| 2026/02 | Aqua Town NAYABASHI | 中村区 | 60.0×¥100M | 3.70% | 20 | TDnet ↗ |
| 2024/10 | JPR Nagoya Fushimi Building | 中区 | 40.5×¥100M | 4.60% | 33 | REIT-IR ↗ |
| 2023/10 | Urbanet Fushimi Building | 中区 | 87.5×¥100M | 3.40% | 20 | REIT-IR ↗ |
| 2023/04 | Stage Nishiki | 中区 | 21.0×¥100M | 5.50% | 32 | REIT-IR ↗ |
| 2023/04 | NMF Nagoya Yanagibashi Building | 中村区 | 44.1×¥100M | 4.60% | 32 | REIT-IR ↗ |
| 2022/11 | Ichigo Marunouchi South Building | 中区 | 17.5×¥100M | 4.80% | 34 | REIT-IR ↗ |
| 2022/06 | Sakae Center Building | 中区 | 40.0×¥100M | 4.00% | 27 | REIT-IR ↗ |
| 2022/03 | Nagoya Misono Building | 中区 | 26.3×¥100M | 4.70% | 31 | REIT-IR ↗ |
| 2022/01 | Ikashita ES Building | 千種区 | 10.0×¥100M | 4.60% | 25 | REIT-IR ↗ |
Show transactions older than 5 years (7)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2021/02 | Marunouchi 3-chome Building | 中区 | 142.0×¥100M | 4.40% | 33 | REIT-IR ↗ |
| 2020/10 | The Square | — | 10.8×¥100M | — | 18 | REIT-IR ↗ |
| 2018/07 | Dia Building Meieki | — | 11.7×¥100M | — | 28 | REIT-IR ↗ |
| 2015/07 | NORE Meieki | — | 25.2×¥100M | — | 9 | REIT-IR ↗ |
| 2015/07 | NORE Fushimi | — | 28.4×¥100M | — | 10 | REIT-IR ↗ |
| 2014/10 | Proceed Aratamibashi | — | 21.3×¥100M | — | 10 | REIT-IR ↗ |
| 2014/10 | Proceed Kanayama 2 | — | 20.4×¥100M | — | 8 | REIT-IR ↗ |
FAQ
What is the average cap rate for Office in Nagoya?
The median cap rate across 5 J-REIT disclosed transactions in the last 12 months is 3.60% (as of July 18, 2026, appraisal NOI yield basis).
What is the data source?
Disclosure PDFs from TDnet (Tokyo Stock Exchange timely disclosure) and official J-REIT IR pages. Every record links to its source.