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Office Transactions & Cap Rates in Yokohama

10 transactions from J-REIT timely disclosuresLast updated: July 18, 2026 (refreshed weekly)

Transactions

10

Median CR (all time)

3.80%

CR range (last 3 years)

3.5–4.5%

Avg. price (all time)

98.8×¥100M

2 transactions were disclosed in the last 12 months. The all-time median cap rate across 8 deals is 3.80%.

Cap rate trend (monthly median)

3.0%3.5%4.0%4.5%5.0%20252023/08: 3.60%(1)2023/12: 3.60%(1)2025/02: 3.80%(1)2025/03: 3.50%(1)2025/11: 3.80%(1)2025/12: 4.50%(1)4.50%3.60%3.60%3.80%3.50%3.80%

Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.

Breakdown by ward

WardTransactionsCap rate
横浜市西区33.80%
横浜市中区24.05%
横浜市港北区23.70%
横浜市神奈川区14.40%

All transactions (10)

DatePropertyWardPriceCap rateAgeSource
2025/12JPR Yokohama Nihonoodori Building中区28.8×¥100M4.50%36REIT-IR
2025/11Prime Shinyokohama Building港北区92.5×¥100M3.80%30REIT-IR
2025/03Yokohama Mitsui Building西区431.9×¥100M3.50%13REIT-IR
2025/02MI Terrace Yokohama Nishiguchi西区23.6×¥100M3.80%35REIT-IR
2023/12Shin-Yokohama Square Building港北区203.0×¥100M3.60%28REIT-IR
2023/08Prime Tower Yokohama中区38.0×¥100M3.60%37REIT-IR
2021/11Yokohama ST Building西区32.2×¥100M4.00%34REIT-IR
Show transactions older than 5 years (3)
DatePropertyWardPriceCap rateAgeSource
2016/10AA-1139.3×¥100MREIT-IR
2016/04Asahi Building神奈川区63.2×¥100M4.40%22REIT-IR
2002/09Premier Yokohama Nishiguchi Building35.6×¥100M17REIT-IR

FAQ

What is the average cap rate for Office in Yokohama?

The median cap rate across 8 J-REIT disclosed transactions (all time) is 3.80% (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.

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