Logistics Transactions & Cap Rates in Kazo
10 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
10
Median CR (all time)
4.65%
CR range (last 3 years)
3.9–4.3%
Avg. price (all time)
21.8×¥100M
2 transactions were disclosed in the last 12 months. The all-time median cap rate across 8 deals is 4.65%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
All transactions (10)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2026/03 | MJ Logi Park Kazo 1 | 16.8×¥100M | 4.30% | 20 | TDnet ↗ |
| 2026/03 | MJ LogiPark Kazo 2 | 18.4×¥100M | 4.10% | 28 | REIT-IR ↗ |
| 2024/04 | GLP Kazo II | 77.0×¥100M | 3.90% | 3 | REIT-IR ↗ |
| 2024/02 | Logiport Kazo | 11.6×¥100M | — | 3 | REIT-IR ↗ |
| 2023/03 | Logiport Kazo | 3.3×¥100M | — | 2 | REIT-IR ↗ |
Show transactions older than 5 years (5)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2021/06 | Kazo Logistics Center I・II | 32.6×¥100M | 4.00% | 24 | REIT-IR ↗ |
| 2020/09 | MJ Logi Park Kazo | 16.4×¥100M | 5.00% | 3 | REIT-IR ↗ |
| 2020/03 | MJ Logi Park Kazo 2 | 16.4×¥100M | 5.00% | 4 | REIT-IR ↗ |
| 2017/09 | MJ LogiPark Kazo 1 | 12.7×¥100M | 5.50% | 20 | REIT-IR ↗ |
| 2017/03 | MJ LogiPark Kazo 1 | 12.7×¥100M | 5.70% | 1 | REIT-IR ↗ |
FAQ
What is the average cap rate for Logistics in Kazo?
The median cap rate across 8 J-REIT disclosed transactions (all time) is 4.65% (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.