Report
Japan Cap Rate Survey December 2024
February 3, 2025 5 Minute Read
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CBRE’s Q4 2024 Cap Rate Survey of Tokyo prime assets found that expected NOI yields remained unchanged for the ninth successive quarter for offices (averages), but fell to new record lows in all other sectors. The logistics sector, which had recorded an increase in expected NOI yields in Q3 2024, presented a notable drop of 9bps this quarter.