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Shibuya, Tokyo — Retail Cap Rates & Price per Sqm

8 transactions from J-REIT timely disclosuresLast updated: September 21, 2026 (refreshed weekly)

Transactions

8

Median CR (all time)

3.45%

CR range (last 3 years)

2.7–4.2%

Avg. price (all time)

40.2×¥100M

2 transactions were disclosed in the last 12 months. The all-time median cap rate across 8 deals is 3.45%.

Cap rate trend (monthly median)

2.5%3.0%3.5%4.0%4.5%2024202520262023/11: 4.20%(2)2024/09: 3.20%(1)2025/10: 3.60%(1)2026/07: 2.70%(1)2.70%4.20%3.20%3.60%

Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.

All transactions (8)

DatePropertyPriceCap rateAgeSource
2026/07Jingumae 4-chome Building18.0×¥100M2.70%20REIT-IR
2025/10コナミスポーツクラブ渋谷37.5×¥100M3.60%35REIT-IR
2024/09CONZE Ebisu65.3×¥100M3.20%20REIT-IR
2023/11原宿FFビル38.8×¥100M4.20%38REIT-IR
2023/11原宿FFビル38.8×¥100M4.20%38REIT-IR
2022/04Gビル神宮前0218.5×¥100M3.10%REIT-IR
Show transactions older than 5 years (2)
DatePropertyPriceCap rateAgeSource
2021/08Daikanyama Forum42.5×¥100M3.40%28REIT-IR
2021/07Takeshita Dori Square61.9×¥100M3.50%6REIT-IR

FAQ

What is the average Retail cap rate in Shibuya, Tokyo?

The median cap rate across 8 J-REIT disclosed transactions (all time) is 3.45% (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.

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