Research Center / Real Estate Investment Survey

Home : Research Center : Real Estate Investment Survey
CBRE Quarterly Survey is a quarterly questionnarie survey of expected yields by real estate investors

CBRE Quarterly Survey is a quarterly questionnaire survey of expected yields by real estate investors and other related questions for sectors including office building, multifamily residential building, retail, hotel, and warehouse. Part of the survey results are being released from April 2009.

CBRE group tracks expected yields by real estate investors and other related questions from July 2003. Although full survey results are only available to the respondents, an excerpt of the survey results is available here.

  • Objective
    The objective of the survey is to collect and analyze the data conducive to looking at the level of expected yield for real estate investments.
  • Survey method
    Sent and received by e-mail.
  • Types of respondents
    Arrangers, Lenders (senior), Lenders (mezzanine), Developers, Real property lessors, Asset managers (Mainly for JREITs), Asset managers (Mainly for non-JREITs), Equity investors, etc.
  • Policy regarding the release of survey results
    Official report on this website is an excerpt of the results from our quarterly survey. Please refer to the list for all surveyed items.
  • Released items
    Survey overview: survey method, period, number of recipients, type of respondents, and reply rate.
    Sector Definitions
    Office Building Tokyo (Otemachi)
    Osaka (Overall)
    Nagoya (Overall)
    Multi-family Residential Building Tokyo
    Studio type apartment:(Central 5 Wards)
    Multi-room type (or non-studio type):Jonan/ Josai area
    Retail Tokyo
    Multi-tenant building: Ginza Chuo Dori
    Hotel Tokyo
    Central 5 Wards,
    Within five minutes walk from a major JR station
    Warehouse Tokyop
    Bay area
CBRE Quarterly Survey
Get Adobe Reader

The Reports are posted in Adobe Portable Document Format (PDF) Adobe Acrobat Reader is free software that allows you to view and print these documents.
  • Type of yield:
    NOI based capitalization rate. Lower and upper range of a median.
  • Data period:
    historical data from vol. 16 (July 2007 survey).
    * Although the survey started from July 2003, only the data beyond July 2007 is released.
  • Frequency:
    quarterly (April, July, October, January)
  • Note:
    full-report of the survey results is available only to the respondents of the survey. The survey is open to the players actually involved in real estate investment, either directly or indirectly. Those who wish to cooperate in a survey may contact us by e-mail.

Contact Information

CBRE
Research Center
Junko Maeda, Kaoru Krisu

T 81 3 5470 8941
investment-survey@cbre.co.jp

Contact Information

CBRE in Japan
Research
T: 81 3 5470 8738
F: 81 3 5470 8505
info-research@cbre.co.jp