Logistics Transactions & Cap Rates in Koto
11 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
11
Median CR (all time)
4.10%
CR range (last 3 years)
3.3–4.2%
Avg. price (all time)
176.4×¥100M
1 transactions were disclosed in the last 12 months. The all-time median cap rate across 7 deals is 4.10%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
All transactions (11)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2026/02 | MFLP Shinkiba II | 70.9×¥100M | 4.20% | 3 | REIT-IR ↗ |
| 2024/02 | MFLP SHINKIBA I | 59.4×¥100M | 3.30% | 1 | REIT-IR ↗ |
| 2024/01 | GLP alfα Shinkiba | 191.0×¥100M | 4.00% | 2 | TDnet ↗ |
| 2023/04 | Landport Shinonome Yasuda Warehouse | 57.5×¥100M | 3.70% | 3 | REIT-IR ↗ |
| 2023/03 | GLP Alpha Tokyo Bay | 330.0×¥100M | 4.10% | 3 | TDnet ↗ |
| 2023/03 | GLP Alpha Tokyo Bay II | 330.0×¥100M | 4.10% | 2 | TDnet ↗ |
| 2022/03 | GLP Japan Tokyo Bay Side | 12.5×¥100M | 4.30% | 15 | TDnet ↗ |
Show transactions older than 5 years (4)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2018/09 | GLP Shin-Suna | 183.0×¥100M | — | — | REIT-IR ↗ |
| 2015/09 | GLP Shinkiba | 115.4×¥100M | — | — | REIT-IR ↗ |
| 2014/09 | GLP Tokyo II | 363.7×¥100M | — | — | REIT-IR ↗ |
| 2013/01 | GLP Tokyo | 227.0×¥100M | — | — | REIT-IR ↗ |
FAQ
What is the average cap rate for Logistics in Koto?
The median cap rate across 7 J-REIT disclosed transactions (all time) is 4.10% (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.