In the fiscal year 2023, the value of office real estate acquired by real estate investment vehicles in Japan reached 719 billion Japanese yen, making it the leading asset class for real estate investment that year. Logistics facilities followed, with acquisitions worth 546 billion yen.
Value of property acquisitions by real estate investment vehicles in Japan in fiscal year 2023, by asset class
(in billion Japanese yen)
fiscal year 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Supplementary notes
The statistic includes REITs (including private REITs) and real estate specified joint enterprises, excluding other private placement funds (TMK and GK-TK schemes)
If 80 percent of the total floor area of a mixed-use property is used for a specific purpose, the property is categorized under that asset class. Otherwise it is assumed to be a mixed-use facility.
100 Japanese yen equal 0.62 U.S. dollars or 0.58 euros as of July 2024.
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MLIT (Japan). (June 28, 2024). Value of property acquisitions by real estate investment vehicles in Japan in fiscal year 2023, by asset class (in billion Japanese yen) [Graph]. In Statista. Retrieved October 20, 2024, from https://www.statista.com/statistics/743391/japan-securitized-real-estate-acquisitions-by-asset-class/
MLIT (Japan). "Value of property acquisitions by real estate investment vehicles in Japan in fiscal year 2023, by asset class (in billion Japanese yen)." Chart. June 28, 2024. Statista. Accessed October 20, 2024. https://www.statista.com/statistics/743391/japan-securitized-real-estate-acquisitions-by-asset-class/
MLIT (Japan). (2024). Value of property acquisitions by real estate investment vehicles in Japan in fiscal year 2023, by asset class (in billion Japanese yen). Statista. Statista Inc.. Accessed: October 20, 2024. https://www.statista.com/statistics/743391/japan-securitized-real-estate-acquisitions-by-asset-class/
MLIT (Japan). "Value of Property Acquisitions by Real Estate Investment Vehicles in Japan in Fiscal Year 2023, by Asset Class (in Billion Japanese Yen)." Statista, Statista Inc., 28 Jun 2024, https://www.statista.com/statistics/743391/japan-securitized-real-estate-acquisitions-by-asset-class/
MLIT (Japan), Value of property acquisitions by real estate investment vehicles in Japan in fiscal year 2023, by asset class (in billion Japanese yen) Statista, https://www.statista.com/statistics/743391/japan-securitized-real-estate-acquisitions-by-asset-class/ (last visited October 20, 2024)
Value of property acquisitions by real estate investment vehicles in Japan in fiscal year 2023, by asset class (in billion Japanese yen) [Graph], MLIT (Japan), June 28, 2024. [Online]. Available: https://www.statista.com/statistics/743391/japan-securitized-real-estate-acquisitions-by-asset-class/