Residential Transactions & Cap Rates in Shinagawa
20 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
20
Median CR (all time)
3.55%
CR range (last 3 years)
3.1–4.0%
Avg. price (all time)
29.6×¥100M
3 transactions were disclosed in the last 12 months. The all-time median cap rate across 8 deals is 3.55%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
All transactions (20)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2026/12 | Good Time Home Fudomae | 21.9×¥100M | 4.00% | 35 | TDnet ↗ |
| 2026/06 | Regentia Musashi-koyama | 6.9×¥100M | 3.40% | 8 | REIT-IR ↗ |
| 2025/09 | Comforia Togoshi Park | 19.5×¥100M | — | 0 | REIT-IR ↗ |
| 2025/05 | Urbanex Togoshi Ginza | 27.0×¥100M | — | 20 | REIT-IR ↗ |
| 2025/05 | Urbanex Togoshi Ginza | 27.0×¥100M | 3.10% | 19 | REIT-IR ↗ |
| 2025/04 | Comforia Higashi Ooi I | 16.8×¥100M | — | 1 | REIT-IR ↗ |
| 2025/04 | Comforia Higashi Ooi II | 20.9×¥100M | — | 1 | REIT-IR ↗ |
| 2025/03 | Urbanex Togoshi Ginza | 27.0×¥100M | — | 20 | REIT-IR ↗ |
| 2024/01 | Cellbar Reception Daikancho | 9.6×¥100M | — | — | REIT-IR ↗ |
| 2023/06 | S-FORT Omori Sanno | 3.6×¥100M | 5.20% | 7 | REIT-IR ↗ |
| 2023/04 | Cross Residence Osaki | 22.4×¥100M | 3.30% | 3 | REIT-IR ↗ |
| 2023/03 | Rock Field Nishi Ooi | 5.3×¥100M | 3.30% | 14 | REIT-IR ↗ |
| 2022/11 | Comforia Nishi Ooi | 12.5×¥100M | 3.70% | 15 | REIT-IR ↗ |
| 2022/03 | Proud Flat Togoshi Ginza | 25.5×¥100M | 4.00% | 2 | REIT-IR ↗ |
| 2021/10 | Sphere Tower Tennozu | 180.0×¥100M | — | 29 | REIT-IR ↗ |
| 2021/08 | Sylphide Higashi-Shinagawa | 9.6×¥100M | — | 19 | REIT-IR ↗ |
Show transactions older than 5 years (4)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2019/02 | Sunny Life Kita Shinagawa | 18.3×¥100M | — | — | TDnet ↗ |
| 2011/03 | Tower Court Kita-Shinagawa | 118.8×¥100M | — | 3 | REIT-IR ↗ |
| 2006/11 | Proceed Oimachi | 9.4×¥100M | — | 14 | REIT-IR ↗ |
| 2003/11 | Premier Stage Osaki | 10.7×¥100M | — | 2 | REIT-IR ↗ |
FAQ
What is the average cap rate for Residential in Shinagawa?
The median cap rate across 8 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.