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Osaka, Osaka — Hotel Cap Rates & Price per Sqm

17 transactions from J-REIT timely disclosuresLast updated: September 21, 2026 (refreshed weekly)

Transactions

17

Median CR (last 12 months)

3.70%

CR range (last 3 years)

3.1–4.6%

Avg. price (all time)

108.5×¥100M

4 Hotel transactions in Osaka, Osaka were disclosed in the last 12 months, with a median cap rate of 3.70%. That is 40bps lower than a year earlier.

Cap rate trend (monthly median)

2.5%3.0%3.5%4.0%4.5%5.0%202520262024/02: 3.90%(1)2024/03: 3.60%(1)2024/06: 4.50%(1)2024/08: 4.25%(2)2024/10: 4.10%(1)2024/11: 4.30%(1)2024/12: 4.10%(1)2025/06: 3.70%(1)2025/12: 3.80%(1)2026/03: 3.70%(1)2026/08: 3.10%(1)3.10%4.50%

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

Breakdown by ward

WardTransactionsCap rate
大阪市中央区93.80%
大阪市浪速区44.30%
大阪市西区13.70%
大阪市此花区1
大阪市淀川区14.10%
大阪市阿倍野区14.60%

All transactions (17)

DatePropertyWardPriceCap rateAgeSource
2026/08Candeo Hotels Osaka Namba中央区143.2×¥100M3.10%9REIT-IR
2026/03THE BASEMENT HOTEL Osaka Honmachi西区56.0×¥100M3.70%7REIT-IR
2025/12APA Hotel <Namba Kita Shinsaibashi Station Front>中央区48.5×¥100M3.80%25REIT-IR
2025/10Holiday Inn Express Osaka City Center Midosuji中央区225.2×¥100M6REIT-IR
2025/06Smile Hotel Premium Osaka-Honmachi中央区86.9×¥100M3.70%8REIT-IR
2025/04MIMARU Osaka Shinsaibashi EAST中央区53.0×¥100M4REIT-IR
2025/03Hotel Universal Port Vita此花区350.0×¥100M7REIT-IR
2024/12アパホテル 〈なんば南大国町駅前〉浪速区15.8×¥100M4.10%6REIT-IR
2024/11Nest Hotel Osaka Shinsaibashi中央区76.0×¥100M4.30%40REIT-IR
2024/10Hotel and Rooms Shin Osaka淀川区42.3×¥100M4.10%6REIT-IR
2024/08KOKO HOTEL Osaka Shinsaibashi中央区75.0×¥100M3.90%19REIT-IR
2024/08Smile Hotel Namba浪速区18.0×¥100M4.60%16REIT-IR
2024/06OMO7 Osaka浪速区290.0×¥100M4.50%3REIT-IR
2024/03Honcho Garden City (Hotel Portion) (100.0%)中央区213.5×¥100M3.60%REIT-IR
2024/02B-7 Glitz Premium Hotel Osaka Namba浪速区78.0×¥100M3.90%3REIT-IR
2023/08Comfort Hotel Osaka Shinsaibashi (Ichigo Shinsaibashi Building)中央区37.0×¥100M4.10%REIT-IR
2022/08Abieno nini (Hotel)阿倍野区36.0×¥100M4.60%10REIT-IR

FAQ

What is the average Hotel cap rate in Osaka, Osaka?

The median cap rate across 4 J-REIT disclosed transactions in the last 12 months is 3.70% (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.

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