Q2 2019 TRANSACTION VOLUME RISES 60% Y-O-Y 

 

Commercial real estate transaction volume (deals worth JPY 1.0 billion or more, excluding land transactions and property acquisitions at the time of J-REIT IPOs) rose 60% y-o-y to JPY 861 billion in Q2 2019, the third highest Q2 total since 2013. The period also saw y-o-y increases in transaction volume among all investor types, with domestic investors (excluding J-REITs) and overseas investors registering higher rates of increase than J-REITs. Some of the major deals have been done at close to the seller's desired pricing level, reflecting a robust appetite among buyers, not to mention continued bullish stance by sellers.