Minato, Tokyo — Hotel Cap Rates & Price per Sqm
6 transactions from J-REIT timely disclosures｜Last updated: September 21, 2026 (refreshed weekly)
Transactions
6
Median CR (all time)
3.80%
CR range (last 3 years)
3.4–3.7%
Avg. price (all time)
61.8×¥100M
1 transactions were disclosed in the last 12 months. The all-time median cap rate across 6 deals is 3.80%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
All transactions (6)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2026/09 | Best Western Hotel Fino Tokyo Akasaka | 87.0×¥100M | 3.40% | 6 | REIT-IR ↗ |
| 2023/12 | Sotetsu Fresa Inn Tokyo Roppongi (Additional Acquisition) | 49.5×¥100M | 3.70% | 6 | REIT-IR ↗ |
| 2023/03 | Sotetsu Fresa Inn Shimbashi Karasumoriguchi | 84.0×¥100M | 3.90% | 15 | REIT-IR ↗ |
| 2023/03 | MIMARU Tokyo Akasaka | 31.2×¥100M | 3.50% | 5 | REIT-IR ↗ |
Show transactions older than 5 years (2)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2020/07 | Sotetsu Fresa Inn Shimbashi Karasumoriguchi | 80.0×¥100M | 3.90% | 12 | REIT-IR ↗ |
| 2020/03 | ホテルグレイスリー田町 | 38.8×¥100M | 4.10% | 12 | REIT-IR ↗ |
FAQ
What is the average Hotel cap rate in Minato, Tokyo?
The median cap rate across 6 J-REIT disclosed transactions (all time) is 3.80% (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.