ABOUT JREI

OUR SERVICES

A Keen Eye for Real Estate

Inquiries

Japan Real Estate Institute
Research & Study Dept.
TEL:03-3503-5335
FAX:03-3597-8063
E-mail

Major services offered by JREI can be classified into three groups:

  • research & study (assignments commissioned by the public and private sectors, in-house research projects, and joint efforts with foreign research institutions);
  • appraisal (the “institutional” valuation procedure in which every draft report is discussed and reviewed by senior staff); and
  • consulting (consulting services for urban renewal, property development, investment, etc., and the development and application of various valuation models).

With the comprehensive expertise developed in the above three fields of work, JREI has been able to maintain its reputation as a real estate think tank by conducting research for the public, by providing accurate and impartial appraisal reports, and by recommending efficient real estate utilization. JREI will continue to handle real estate in a professional manner through its many years of experience.

ABOUT JREI

Endowed Funds:
1.6 billion yen
Date of Foundation:
March 2.1959
Supervisory Authorities:
Ministry of Internal Affairs and Communications Ministry of Finance Ministry of Land, Infrastructure, Transport and Tourism
Total Employees: As of February 1, 2011
548 including Management:
 

278
5
26
3

Certified Real Estate Appraisers
Certified Assistant Real Estate Appraisers
First-class Licensed Architects
MAIs(Member, Appraisal Institute)

 
Business License Registration:
Real estate appraisal business -Minister of Land, Infrastructure, Transport and Tourism (14) NO.8
First-class authorized architects and builders’ office: Tokyo Metropolitan Government Registration NO.24222
Compensation consultant: Ministry of Land, Infrastructure, Transport and Tourism Registration Compensation 20 NO.19
Construction consultant: Ministry of Land, Infrastructure, Transport and Tourism Registration Compensation 22 NO.8372

DATA

JREI regularly undertakes several surveys on real estate values, rents, investment returns, etc. and publishes accurate figures.

Urban Land Price Index
Wooden Frame House Market Value Index[building only]
twice a year, as of the end of March and September
since March 1955
National Office and Apartment Rent Index
once a year, as of the end of September
since September 1996
Japanese Real Estate Investor Survey
twice a year, as of April 1 and October 1
since April 1999
Survey on Agricultural Land Price and Farm Rent
once a year, as of the end of March
since March 1945
Survey on Timberland
once a year, as of the end of March
since March 1940
Japanese Office Buildings Survey
once a year : at the end of December
since December 2006
Rent and Vacancy Rate Forecast for Tokyo, Osaka and Nagoya Office Markets
JREI Global Property Value/Rent Indices

Research & Study

In the research & study function, JREI staff analyzes real estate-related matters both theoretically and empirically. JREI’s statistical publication on nationwide land and rental value indexes and its wide range of research findings are used extensively within academic circles, the business world, government agencies, mass media, and the general public.

Research Projects

JREI regularly undertakes several surveys on real estate values, rents, investment returns, etc. and publishes accurate figures under such titles as “Urban Land Price Index (twice a year, as of the end of March and September),” “National Wooden House Market Value Index (twice a year, as of the end of March and September),” “National Office and Apartment Rent lndex (once a year, as of the end of September),” “Japanese Real Estate lnvestor Survey (twice a year, as of April 1 and October 1),” “Survey on Timberland and Tiber Price (once a year, as of the end of March)” and “Survey on Agricultural Land Price and Farm Rent(once a year, as of the end of March).”

Joint Efforts with Foreign Research lnstitutions

JREI’s prolific research projects on foreign real estate-related topics are mostly undertaken in cooperation with international institutions. JREI also exchanges researchers as well as information with its foreign counterparts.

Publication

JREI publishes real estate-related books of timely topics and periodicals including "Real Estate Research(quarterly journal)."

Library

Library materials on real estate and other fields available to the public.

Appraisal

JREI boasts a well-integrated national network with head office, eight regional offices and 42 local offices. It enables JREI to utilize the coordinated valuation procedure and to carry out unbiased valuation using its ample detailed data.

Objective Valuation

The coordinated valuation procedure is supported by both appraisal meetings and in-house review process.
Scrutiny of appraisal reports by professional staff addresses possible shortcomings and produces balanced and reasonable results.

Specialists

Experts are picked from JREI staffers for the following assignment types:

  • Real estate securitization (J-REITs, Private Fund, etc.)
  • Environmental impact valuation (soil contamination, asbestos, etc.)
  • Property valuation attributed to a business value (asset impairment accounting, M&A, corporate real estate, etc.)
  • Lodging and recreational facilities, including hotels, golf courses, skiing sites, amusement parks, and theme parks>
  • Health care properties, including senior housings, hospitals
  • Industrial properties, including distribution facilities, factories, infrastructure facilities
  • Retail properties, including shopping malls, department stores, and supermarkets
  • Residential properties, including apartments
  • Office properties
  • Publicly used properties
  • Rent valuation (market rent under new lease, rent under renewed lease)
  • Global valuation, English reports

Consulting

Utilizing valuation and consulting expertise, JREI supports various real-estate-related activities, including urban renewal, community planning, land development, and property assessment (computer-assisted mass appraisal). Consulting assignments are undertaken by knowledgeable JREI staff in the field of complex valuation, condemnation compensation, city planning and computer application.

State-of-the-Art Resourceful Consulting

JREI is proud of its high-skilled licensed/certified staff, including appraisers, architects, engineers, redevelopment planners, and condemnation compensation consultants. In addition, JREI’s reliable computer-assisted valuation systems help clients in both private and public sectors for decision-making.

Performance in a wide spectrum of fields

JREI’s extensive knowledge on real estate enables the following areas of work:

  • Support for urban renewal and property development projects
  • Highest and best use study
  • Development impact analysis
  • Landscape influence analysis
  • Feasibility study
  • Real estate market study and forecasting
  • Project selection support
  • Mass appraisal system for property tax assessment
  • “Value in use” estimation system for specific business project
  • Identification system for impaired assets

NETWORK

Head Office

Kangin-Fujiya Bldg., 1-3-2 toranomon, Minato-Ku, Tokyo 105-8485

International Service Departments of the Head Office

Global Appraisal & Advisory Department   03-3503-5347 
Research Department   03-3503-5335
Investment Advisory Group   03-3503-5377
Financial Market & Specialized  Appraisal Department   03-3503-5363
Business Development & Advisory Department   03-3503-5275                                 
Real Estate Appraisal & Advisory Department   03-3503-5338
Public Sector Business Department   03-3503-5341
Customers Relation Department   03-3503-5336

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