Kyoto, Kyoto — Hotel Cap Rates & Price per Sqm
9 transactions from J-REIT timely disclosures｜Last updated: September 21, 2026 (refreshed weekly)
Transactions
9
Median CR (all time)
3.80%
CR range (last 3 years)
3.5–4.3%
Avg. price (all time)
59.6×¥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)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
Breakdown by ward
| Ward | Transactions | Cap rate |
|---|---|---|
| 京都市中京区 | 3 | 3.50% |
| 京都市下京区 | 3 | 4.15% |
| 京都市南区 | 1 | 3.70% |
| 京都市左京区 | 1 | 4.10% |
All transactions (10)(1 scheduled, excluded from statistics)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2026/09Scheduled | A-FLAG Kyoto Shijo | 下京区 | 115.0×¥100M | 3.90% | 12 | REIT-IR ↗ |
| 2026/08 | RANDOR HOTEL KYOTO SUITE | 南区 | 35.5×¥100M | 3.70% | 7 | REIT-IR ↗ |
| 2025/12 | Candeo Hotels Kyoto Karasuma Rokkaku | 中京区 | 48.0×¥100M | 3.50% | — | REIT-IR ↗ |
| 2025/04 | MIMARU SUITES Kyoto Shijo | 下京区 | 25.5×¥100M | — | 5 | REIT-IR ↗ |
| 2024/02 | B-4 Hotel Intergate Kyoto Shijo Shinmachi | 中京区 | 58.0×¥100M | 3.90% | 7 | REIT-IR ↗ |
| 2023/09 | Hotel Wing International Premium Kyoto Sanjo | 左京区 | 32.0×¥100M | 4.10% | 3 | REIT-IR ↗ |
| 2023/09 | Oriental Hotel Kyoto Rokujo | 下京区 | 44.5×¥100M | 4.30% | 4 | REIT-IR ↗ |
| 2022/08 | ザ・リッツ・カールトン京都 | 中京区 | 230.0×¥100M | 3.50% | 9 | REIT-IR ↗ |
Show transactions older than 5 years (2)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2020/04 | ザ・リッツ・カールトン京都 (追加取得:準共有持分 9%) | — | 43.2×¥100M | 3.30% | 7 | REIT-IR ↗ |
| 2020/03 | ネストホテル京都四条烏丸 | 下京区 | 20.1×¥100M | 4.00% | 31 | REIT-IR ↗ |
FAQ
What is the average Hotel cap rate in Kyoto, Kyoto?
The median cap rate across 8 J-REIT disclosed transactions (all time) is 3.80% (as of September 21, 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.