Shibuya, Tokyo — Land Cap Rates & Price per Sqm
9 transactions from J-REIT timely disclosures｜Last updated: September 21, 2026 (refreshed weekly)
Transactions
9
Median CR (all time)
3.60%
CR range (all time)
3.6–3.6%
Avg. price (all time)
38.3×¥100M
2 transactions were disclosed in the last 12 months. The all-time median cap rate across 1 deals is 3.60%.
All transactions (10)(1 scheduled, excluded from statistics)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2026/12Scheduled | Laforet Harajuku (Ground Lease) | 23.7×¥100M | — | — | REIT-IR ↗ |
| 2026/07 | Laforet Harajuku (Ground Lease) | 23.7×¥100M | — | — | REIT-IR ↗ |
| 2025/12 | Laforet Harajuku (Ground Lease) | 30.7×¥100M | — | — | REIT-IR ↗ |
| 2025/07 | Laforet Harajuku (Ground Lease) | 30.7×¥100M | — | — | REIT-IR ↗ |
| 2024/07 | Laforet Harajuku (Ground Lease) | 29.7×¥100M | — | — | REIT-IR ↗ |
| 2023/12 | Laforet Harajuku (Ground Lease) | 29.3×¥100M | — | — | REIT-IR ↗ |
| 2023/06 | Laforet Harajuku (Ground Lease) | 29.3×¥100M | — | — | REIT-IR ↗ |
| 2022/12 | Laforet Harajuku (Ground Lease) | 29.0×¥100M | — | — | REIT-IR ↗ |
| 2022/07 | Laforet Harajuku (Ground Lease) | 29.0×¥100M | — | — | REIT-IR ↗ |
| 2022/01 | Tokyo Tatemono Higashi Shibuya Building | 113.0×¥100M | 3.60% | — | REIT-IR ↗ |
FAQ
What is the average Land cap rate in Shibuya, Tokyo?
The median cap rate across 1 J-REIT disclosed transactions (all time) is 3.60% (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.