Chiyoda, Tokyo — Office Cap Rates & Price per Sqm
53 transactions from J-REIT timely disclosures|Last updated: September 21, 2026 (refreshed weekly)
Transactions
53
Median CR (last 12 months)
3.50%
CR range (last 3 years)
2.3–4.0%
Avg. price (all time)
89.7×¥100M
7 Office transactions in Chiyoda, Tokyo were disclosed in the last 12 months, with a median cap rate of 3.50%. That is 10bps lower than a year earlier.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
All transactions (54)(1 scheduled, excluded from statistics)
Show transactions older than 5 years (11)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2021/08 | Lead-C Iidabashi Building | 12.0×¥100M | 3.70% | 33 | REIT-IR ↗ |
| 2021/08 | NBF Ochanomizu Building | 161.0×¥100M | 3.20% | — | REIT-IR ↗ |
| 2021/06 | BIZCORE Jinbocho | 102.0×¥100M | 3.40% | 4 | REIT-IR ↗ |
| 2021/03 | D'sVARIE Kanda Building | 21.0×¥100M | — | — | REIT-IR ↗ |
| 2021/01 | グラントウキョウサウスタワー | 470.0×¥100M | 2.80% | 14 | REIT-IR ↗ |
| 2020/12 | アーバンネット麹町ビル | 55.5×¥100M | — | 33 | REIT-IR ↗ |
| 2020/11 | NBF小川町ビルディング(追加取得) | 4.8×¥100M | 4.50% | 34 | REIT-IR ↗ |
| 2020/10 | ユニゾ神田須田町二丁目ビル | 13.1×¥100M | 3.50% | 27 | REIT-IR ↗ |
| 2020/06 | Otemachi Financial City Gran CUBE | 46.8×¥100M | — | 4 | REIT-IR ↗ |
| 2020/03 | Otemachi Park Building | 101.8×¥100M | — | 3 | REIT-IR ↗ |
| 2020/02 | KDX神田駅前ビル | 33.0×¥100M | 3.40% | 29 | REIT-IR ↗ |
FAQ
What is the average Office cap rate in Chiyoda, Tokyo?
The median cap rate across 7 J-REIT disclosed transactions in the last 12 months is 3.50% (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.