Shibuya, Tokyo — Office Cap Rates & Price per Sqm
13 transactions from J-REIT timely disclosures｜Last updated: September 21, 2026 (refreshed weekly)
Transactions
13
Median CR (all time)
3.20%
CR range (last 3 years)
3.0–3.6%
Avg. price (all time)
99.3×¥100M
2 transactions were disclosed in the last 12 months. The all-time median cap rate across 11 deals is 3.20%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
All transactions (13)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2026/09 | いちご渋谷文化村通りビル | 48.8×¥100M | 3.00% | 14 | REIT-IR ↗ |
| 2026/03 | Prime Sendagaya Building | 194.0×¥100M | 3.30% | 17 | REIT-IR ↗ |
| 2025/08 | H¹O Aoyama | 47.0×¥100M | 3.10% | 3 | REIT-IR ↗ |
| 2024/12 | NMF Shinjuku South Exit Building | 135.0×¥100M | 3.20% | 50 | REIT-IR ↗ |
| 2024/10 | JPR Sendagaya Building | 163.0×¥100M | 3.60% | 15 | REIT-IR ↗ |
| 2022/12 | Field Kita-Sando | 37.5×¥100M | 3.10% | 14 | REIT-IR ↗ |
| 2022/12 | Daiwa SHIBUYA EDGE | 73.1×¥100M | 3.40% | 16 | REIT-IR ↗ |
| 2022/08 | BIZCORE Shibuya | 66.4×¥100M | 3.10% | 2 | REIT-IR ↗ |
| 2021/12 | Aoyama Oval Building | 186.0×¥100M | 2.90% | 33 | REIT-IR ↗ |
Show transactions older than 5 years (4)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2021/09 | A-PLACE Shibuya Minamidai | 88.0×¥100M | 3.30% | — | REIT-IR ↗ |
| 2021/04 | Yoyogi Itchome Building | 18.5×¥100M | 3.40% | 11 | REIT-IR ↗ |
| 2021/03 | Hulic Shibuya Miyashita Park Building | 60.0×¥100M | — | 13 | REIT-IR ↗ |
| 2020/04 | Link Square Shinjuku | 173.0×¥100M | — | 1 | REIT-IR ↗ |
FAQ
What is the average Office cap rate in Shibuya, Tokyo?
The median cap rate across 11 J-REIT disclosed transactions (all time) is 3.20% (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.