Fukuoka, Fukuoka — Hotel Cap Rates & Price per Sqm
15 transactions from J-REIT timely disclosures|Last updated: November 1, 2026 (refreshed weekly)
Transactions
15
Median deal cap rate (last 12 months)
4.05%
Deal cap rate range (last 3 years)
3.90–4.30%
Avg. price (all time)
¥8.47bn
Properties appraised
15
Median appraisal cap rate
4.20%
Appraisal cap rate range
3.9–5.1%
Period ends
2025/12–2026/07
Cap rates at transaction
From acquisition/disposition notices, as of each deal (dates vary by deal)
5 Hotel transactions in Fukuoka, Fukuoka were disclosed in the last 12 months, with a median cap rate of 4.05%. That is 15bps lower than a year earlier.
Transaction cap rate trend (each deal + quarterly median)
Last 5 years. Grey dots are individual deals; the red line is the quarterly median. The segment into the quarter in progress (deals so far) is dashed. Use the number of dots to spot quarters with few deals. Calculated from cap rates disclosed in acquisition/disposition notices (appraisal NOI yield at the time of each deal). These differ from periodic appraisals (current valuations), shown separately below. See the table below for individual sources.
Breakdown by ward
| Ward | Transactions | Cap rate |
|---|---|---|
| Hakata, Fukuoka | 10 | 4.10% |
| Chuo, Fukuoka | 3 | 4.30% |
All transactions (15)
| Ward | Source | |||||
|---|---|---|---|---|---|---|
| 2026.07 | Nine Hours Hakata Station | Hakata | ¥2.06bn | — | 2020 · 6 yrs | REIT-IR ↗ |
| 2026.06 | Bouncy by Leaguer Fukuoka Hakata | Hakata | ¥4.50bn | 4.00% | 2026 · 0 yrs | REIT-IR ↗ |
| 2026.06 | Grand STAY Hakata Ekikita | Hakata | ¥1.85bn | 4.30% | — | REIT-IR ↗ |
| 2026.03 | Quintessa Hotel Fukuoka Hakata Relax&Sleep | Hakata | ¥4.18bn | 4.10% | 2019 · 7 yrs | REIT-IR ↗ |
| 2025.12 | APA Hotel <Hakata Station Front 4-chome> | Hakata | ¥3.93bn | 3.90% | 2000 · 26 yrs | REIT-IR ↗ |
| 2025.06 | &HOTEL HAKATA | Hakata | ¥3.80bn | 4.00% | 2021 · 5 yrs | REIT-IR ↗ |
| 2025.02 | Hilton Fukuoka Sea Hawk | Chuo | ¥64.35bn | 4.30% | 1995 · 31 yrs | REIT-IR ↗ |
| 2025.02 | Nest Hotel Hakataeki-mae | Hakata | ¥6.50bn | 4.10% | 1993 · 33 yrs | REIT-IR ↗ |
| 2025.01 | Hakata Nakasu Washington Hotel Plaza | Hakata | ¥4.61bn | 4.30% | 1995 · 31 yrs | REIT-IR ↗ |
| 2025.01 | The One Five Marine Fukuoka | Hakata | ¥2.60bn | 4.20% | — | REIT-IR ↗ |
Periodic appraisals (current valuations)
Each property’s latest period-end appraisal. Aligned in time, so current levels can be compared
Periodic appraisals (period-end valuations)
Fukuoka · Hotel: 15 properties · period ends 2025/12–2026/07 · median 4.20% (3.9%–5.1%)
Number of properties per 0.1% cap rate band. The dark bar is the band containing the median.
Click a heading to sort
| Source | ||||
|---|---|---|---|---|
| KOKO HOTEL Fukuoka TenjinStar Asia Real Estate Investment Corporation | 4.0% | ±0 | 2026/07 | Filing ↗ |
| Nest Hotel Hakataeki-maeIchigo Hotel REIT Investment Corporation | 4.0% | ±0 | 2026/07 | Filing ↗ |
| ザ・ワンファイブ福岡天神Ichigo Hotel REIT Investment Corporation | 4.1% | ±0 | 2026/07 | Filing ↗ |
| The BREAKFAST HOTEL 福岡天神Star Asia Real Estate Investment Corporation | 4.2% | ±0 | 2026/07 | Filing ↗ |
| The One Five Marine FukuokaIchigo Hotel REIT Investment Corporation | 4.2% | ±0 | 2026/07 | Filing ↗ |
| Best Western Plus Fukuoka Tenjin MinamiStar Asia Real Estate Investment Corporation | 5.1% | ±0 | 2026/07 | Filing ↗ |
| アパホテル 〈博多駅前4丁目〉Japan Hotel & Residential Investment Corporation | 3.9% | – | 2026/05 | Filing ↗ |
| スマイルホテル博多駅前Mirai Corporation | 4.0% | – | 2026/04 | Filing ↗ |
| Grand Hyatt FukuokaHoshino Resorts REIT Investment Corporation | 4.4% | ±0 | 2026/04 | Filing ↗ |
| &HOTEL HAKATANomura Real Estate Master Fund, Inc. | 4.0% | ±0 | 2026/02 | Filing ↗ |
Direct capitalization rates from each property’s latest period-end appraisal, for properties of the same use in the same city/ward (period ends within the last year; from J-REIT annual securities reports and results materials). These differ from acquisition cap rates (chart and deal list above) and compare current valuations regardless of deal timing. Values for the same property can differ by appraiser or ownership share. Reference information only, not a recommendation.
See appraisals in Fukuoka · Hotel as a list →
FAQ
What is the average Hotel cap rate in Fukuoka, Fukuoka?
The median cap rate across 5 J-REIT disclosed transactions in the last 12 months is 4.05% (as of November 1, 2026, appraisal NOI yield basis).
What is the data source?
Timely-disclosure PDFs published on each J-REIT official IR page. Every record links to its source.