Retail Transactions & Cap Rates in Shibuya
21 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
21
Median CR (all time)
3.55%
CR range (last 3 years)
2.7–3.7%
Avg. price (all time)
74.4×¥100M
4 transactions were disclosed in the last 12 months. The all-time median cap rate across 6 deals is 3.55%.
All transactions (21)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2026/12 | Laforet Harajuku (Land) | 23.6×¥100M | 3.70% | — | TDnet ↗ |
| 2026/07 | Jingumae 4-Chome Building | 18.0×¥100M | 2.70% | 21 | TDnet ↗ |
| 2026/07 | Laforet Harajuku (Chisei) | 23.6×¥100M | — | — | REIT-IR ↗ |
| 2025/12 | Laforet Harajuku (Chiten) | 30.7×¥100M | — | — | REIT-IR ↗ |
| 2025/07 | Laforet Harajuku (Chiten) | 30.7×¥100M | — | — | REIT-IR ↗ |
| 2024/11 | Laforet Harajuku (Land) | 29.7×¥100M | — | — | REIT-IR ↗ |
| 2024/09 | CONZE Ebisu | 65.3×¥100M | 3.20% | 20 | REIT-IR ↗ |
| 2024/07 | Laforet Harajuku (Land) | 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 | 29.0×¥100M | — | 45 | REIT-IR ↗ |
| 2022/07 | Laforet Harajuku | 29.0×¥100M | — | 45 | REIT-IR ↗ |
| 2021/08 | Daikanyama Forum | 42.5×¥100M | 3.40% | 28 | REIT-IR ↗ |
Show transactions older than 5 years (8)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2021/07 | Takeshita Dori Square | 61.9×¥100M | 4.80% | 7 | REIT-IR ↗ |
| 2020/01 | TO-18 | 307.0×¥100M | — | — | REIT-IR ↗ |
| 2019/01 | UR-17 | 132.0×¥100M | — | — | REIT-IR ↗ |
| 2017/01 | UR-13 | 22.8×¥100M | — | — | REIT-IR ↗ |
| 2013/12 | UR-9 | 63.7×¥100M | — | — | REIT-IR ↗ |
| 2012/06 | UR-1 | 450.0×¥100M | — | — | REIT-IR ↗ |
| 2012/06 | UR-3 | 84.3×¥100M | — | — | REIT-IR ↗ |
| 2008/10 | Desigual Harajuku | 31.0×¥100M | 4.80% | 11 | REIT-IR ↗ |
FAQ
What is the average cap rate for Retail in Shibuya?
The median cap rate across 6 J-REIT disclosed transactions (all time) is 3.55% (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.