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Yokohama, Kanagawa — Land Cap Rates & Price per Sqm

8 transactions from J-REIT timely disclosures|Last updated: November 1, 2026 (refreshed weekly)

Cap rates at transaction

Transactions

8

Median deal cap rate (all time)

3.50%

Deal cap rate range (all time)

3.50–3.50%

Avg. price (all time)

¥2.63bn

Periodic appraisals (current valuations)

Properties appraised

4

Median appraisal cap rate

—

Appraisal cap rate range

—

Period ends

—

Cap rates at transaction

From acquisition/disposition notices, as of each deal (dates vary by deal)

2 transactions were disclosed in the last 12 months. The all-time median cap rate across 1 deals is 3.50%.

Breakdown by ward

WardTransactionsCap rate
Totsuka, Yokohama4—
Kanazawa, Yokohama2—
Asahi, Yokohama1—
Tsurumi, Yokohama13.50%

All transactions (8)

Source
2026.10Inageya Yokohama Minamihonjuku Branch (Land)¥1.70bn—REIT-IR ↗
2026.03Yokohama Hamacho (Chitei)¥1.65bn—REIT-IR ↗
2025.03IIF Totsuka Technology Center (Chiteki)¥2.63bn—REIT-IR ↗
2024.11IIF Totsuka Technology Center (Chiteki)¥2.63bn—REIT-IR ↗
2024.03IIF Totsuka Technology Center (Sokochi) (30% Quasi-co-ownership)¥2.25bn—REIT-IR ↗
2024.03IIF Totsuka Technology Center (Land)¥7.50bn—REIT-IR ↗
2024.03IIF Yokohama Sachiura Logistics Center (Land)¥1.17bn—REIT-IR ↗
2022.03Yokohama Daikokucho Maintenance Factory (Chizu)¥1.49bn3.50%REIT-IR ↗

Periodic appraisals (current valuations)

Each property’s latest period-end appraisal. Aligned in time, so current levels can be compared

Yokohama · Land: 4 properties have a periodic appraisal with a period end in the last year (fewer than 5, so no median is shown).

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Source
Yokohama Hamacho (Chitei)Japan Logistics Fund, Inc.3.7%–2026/07Filing ↗
IIF戸塚マニュファクチュアリングセンター (底地)Industrial & Infrastructure Fund Investment Corporation4.6%±02026/07Filing ↗
横浜大黒町整備工場(底地)Mirai Corporation3.4%–2026/04Filing ↗
戸塚深谷ショッピングセンター(底地)KDX Realty Investment Corporation4.5%±02026/04Filing ↗

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 Yokohama · Land as a list →

FAQ

What is the average Land cap rate in Yokohama, Kanagawa?

The median cap rate across 1 J-REIT disclosed transactions (all time) is 3.50% (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.

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