Retail Transactions & Cap Rates in Osaka
18 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
18
Median CR (last 12 months)
3.75%
CR range (last 3 years)
3.3–4.5%
Avg. price (all time)
73.1×¥100M
4 Retail transactions in Osaka were disclosed in the last 12 months, with a median cap rate of 3.75%. That is 5bps higher than a year earlier.
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 |
|---|---|---|
| 大阪市中央区 | 4 | 4.40% |
| 大阪市阿倍野区 | 3 | 3.70% |
| 大阪市北区 | 3 | 3.50% |
| 大阪市旭区 | 2 | 3.40% |
| 大阪市城東区 | 1 | 4.00% |
| 大阪市此花区 | 1 | 4.30% |
All transactions (18)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2026/12 | Edion Kyobashi store (ground lease) | 城東区 | 70.0×¥100M | 4.00% | — | REIT-IR ↗ |
| 2026/12 | Life Takadono Store (Ground Lease) | 旭区 | 36.9×¥100M | 3.50% | — | REIT-IR ↗ |
| 2026/12 | LIFE Takadono Store (Land) | 旭区 | 36.9×¥100M | 3.30% | — | REIT-IR ↗ |
| 2026/06 | Shinsaibashi OPA Honkan | 中央区 | 117.8×¥100M | 4.00% | 32 | REIT-IR ↗ |
| 2025/03 | Abeno nini | 阿倍野区 | 2.2×¥100M | 3.70% | 13 | REIT-IR ↗ |
| 2025/03 | あべのnini (商業施設)(追加取得) | 阿倍野区 | 2.2×¥100M | 3.70% | 13 | REIT-IR ↗ |
| 2025/01 | Joy Park Izumigaoka | — | 41.5×¥100M | 4.50% | — | REIT-IR ↗ |
| 2023/04 | MEFULL Chayamachi | 北区 | 37.4×¥100M | 3.30% | 3 | REIT-IR ↗ |
| 2023/01 | UR-18 | — | 143.0×¥100M | — | — | REIT-IR ↗ |
| 2022/08 | Abieno nini (Commercial Facility) | 阿倍野区 | 95.0×¥100M | 3.90% | 10 | REIT-IR ↗ |
| 2022/06 | A-FLAG Kita Shinsaibashi | 中央区 | 51.0×¥100M | 3.90% | 14 | REIT-IR ↗ |
| 2021/12 | JPR Umeda Loft Building | 北区 | 70.0×¥100M | 3.80% | 31 | REIT-IR ↗ |
| 2021/12 | Grand Front Osaka (Umekita Hiroba / South Building) | 北区 | 118.0×¥100M | 3.50% | 8 | REIT-IR ↗ |
| 2021/07 | Universal CityWalk Osaka (Chitei) | 此花区 | 21.4×¥100M | 4.30% | — | REIT-IR ↗ |
Show transactions older than 5 years (4)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2019/03 | Shinsaibashi MG Building | 中央区 | 58.4×¥100M | 4.80% | 2 | REIT-IR ↗ |
| 2019/01 | AA-13 | — | 198.0×¥100M | — | — | REIT-IR ↗ |
| 2015/12 | UR-10 | — | 133.5×¥100M | — | — | REIT-IR ↗ |
| 2015/03 | Shinsaibashi Square (Sokochi) | 中央区 | 83.5×¥100M | 5.00% | — | REIT-IR ↗ |
FAQ
What is the average cap rate for Retail in Osaka?
The median cap rate across 4 J-REIT disclosed transactions in the last 12 months is 3.75% (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.