Cushman & Wakefield is pleased to announce that it has been ranked as the joint No. 1 real estate investment brokerage firm in Japan for industrial transactions based on sell-side transaction volume, and No. 1 for development site transactions in Japan based on sell-side and overall transaction volume, according to the MSCI Real Assets Global Broker Market Share H1’25 report. The global commercial real estate services firm took the dominant share of sell-side volume, at 62%, of Japan’s development site brokerage in the first half of 2025; and secured joint 45% share of the country’s sell-side industrial brokerage market by sales volume during the same period.
Yoshiyuki Tanaka, Senior Executive Director, Head of Japan Capital Markets at Cushman & Wakefield, said: “These milestones underscore our strategic insight, execution excellence, deep market expertise, client-first approach and relentless drive to deliver results in Japan’s competitive real estate market.”
According to Cushman & Wakefield’s latest Japan H1 Logistics report, although the Japan logistics market is currently facing some challenges, such as declining freight activity and rising logistics costs driven by labor shortages and higher energy expenses, the outlook suggests a potential market improvement. Slowing new supply in Greater Tokyo is expected to help stabilize the supply-demand balance, while a stronger yen could curb inflation by reducing import costs, potentially boosting related cargo movements and improving market conditions over the medium to long term.
Tanaka added, “With a healthy liquidity backed by a twelve-month transaction volume of ¥1.2 trillion yen as of H1 2025, the logistics sector continues to attract attention from both domestic and international investors.”
Japan remains one of the top investment destinations in Asia. Despite global economic uncertainties, its stable funding environment and favorable real estate financing conditions are expected to drive sustained transaction volumes. The Tokyo Stock Exchange REIT Index continues to perform steadily, supported by rising rental incomes, particularly in prime office properties in central Tokyo. In addition, overseas investors are showing strong interest, capitalizing on Japan's resilient real estate market.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.
About MSCI
MSCI is a leading provider of critical decision support tools and services for the global investment community. With over 50 years of expertise in research, data and technology, MSCI power better investment decisions by enabling clients to understand and analyze key drivers of risk and return and confidently build more effective portfolios. MSCI create industry-leading research-enhanced solutions that clients use to gain insight into and improve transparency across the investment process.