1、Cap RateSurveyCBRE JapanMarch 2026 Vol.91 General Version March 2026|Vol.912 2026 CBRE,INC.RESEARCHCBRE Japan Cap Rate SurveyNotes to editors1.ObjectiveThe objective of the survey was to collect and analyze the data looking at the level of expected yields for real estate investments.2.Survey method
2、and periodSent and received by e-mail between March 2 to March 25,2026.(Note:Replies after deadline were also accepted.)3.Recipients surveyed and response rate-Recipients:133 individuals(133 corporations)-Response:116 individuals(116 corporations)-Response rate:87.2%by individuals(87.2%by corporatio
3、ns)4.Type of respondentsArrangers,Lenders(senior),Lenders(mezzanine),Developers,Real property lessors,Asset managers(Mainly for J-REITs),Asset managers(Mainly for non-J-REITs),and Equity investors,among others.5.Policy regarding the release of survey resultsThis report is an excerpt of the results f
4、rom our quarterly survey.Although CBRE Research started tracking quarterly data in July 2003,only data after July 2007 is available for public release.The full report of the survey is only available for respondents,limited to those directly or indirectly involved in real estate investment.Those who
5、wish to participate in the survey may apply by e-mail at investment-surveycbre.co.jp.DisclaimerResults of the survey are based on the opinions of those in the real estate investment market,who responded to the survey conducted by CBRE and,as such,does not necessarily represent the opinion of all mar
6、ket participants.The results are not based on actual transactions.The results of the survey are based on an assumed property of a certain category.It is not necessarily applicable to actual individual properties in specific or general means,whether they fall into the category or not.The figures have