Tokyo, Japan, November 19, 2010 --(PR.com
)-- Bear Logi Co., Ltd an industrial real estate company based in Japan has released a series of new logistics property market reports for 2010. One of the studies revealed that 14 logistics property transactions were recorded in Japan for the year up to October 2010 at a combined value of JPY 74.14 Billion.
5 of the 14 properties were bought by Mapletree Logistics Trust, a Singaporean S-REIT. LaSalle Investment Management also purchased 4 properties in the Tokyo Bay area. 5 properties were bought by J-REITs.
Greater Tokyo remains the focus of investors with most of the transactions occurring in Kanto region. The combined total transaction amount was JPY 74.14 Billion with an average NOI Cap rate of 6.6%.
Contact: Matthew Zann
+81 3 5411 8336