Office Transactions & Cap Rates in Taito
14 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
14
Median CR (all time)
3.89%
CR range (last 3 years)
3.3–4.7%
Avg. price (all time)
58.3×¥100M
2 transactions were disclosed in the last 12 months. The all-time median cap rate across 8 deals is 3.89%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
All transactions (14)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2026/06 | HF Ueno Inari-cho Building | 90.6×¥100M | — | 34 | REIT-IR ↗ |
| 2025/09 | Hankyu Hanshin Ueno Okachimachi Building | 32.1×¥100M | 3.30% | 3 | REIT-IR ↗ |
| 2025/01 | JPR Ueno East Building | 61.5×¥100M | 3.50% | 33 | REIT-IR ↗ |
| 2024/04 | Nomura Real Estate Ueno Building | 69.3×¥100M | 3.40% | 34 | REIT-IR ↗ |
| 2024/02 | Tokyo Nissan Taito Building | 31.8×¥100M | 3.70% | 32 | REIT-IR ↗ |
| 2023/11 | NBF Ueno Building | 99.0×¥100M | 4.70% | 17 | REIT-IR ↗ |
| 2023/03 | MI Terrace Kita-Ueno | 35.6×¥100M | 4.30% | 31 | REIT-IR ↗ |
| 2023/03 | ANTEX24 Building | 20.7×¥100M | — | 35 | REIT-IR ↗ |
| 2022/12 | Ichigo Ike no Hata Building | 106.0×¥100M | — | 31 | REIT-IR ↗ |
| 2021/08 | East Side Building | 18.0×¥100M | 4.40% | 33 | REIT-IR ↗ |
Show transactions older than 5 years (4)
| Date | Property | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|
| 2021/03 | Ueno East Tower | 134.0×¥100M | 4.08% | 6 | REIT-IR ↗ |
| 2015/02 | Ito-pia Kiyosubashidori Building | 15.5×¥100M | — | 28 | REIT-IR ↗ |
| 2011/11 | Ueno Tosei Building | 59.0×¥100M | — | 5 | REIT-IR ↗ |
| 2008/03 | Ueno TH Building | 43.8×¥100M | — | 23 | REIT-IR ↗ |
FAQ
What is the average cap rate for Office in Taito?
The median cap rate across 8 J-REIT disclosed transactions (all time) is 3.89% (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.