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

Hokkaido

Hokkaido
6th Floor, Hokkaido Bldg., Nishi 4-1 kita 2-jo, chuo-ku, Sapporo 060-0002
TEL (011)281-2378

Tohoku

Tohoku
2nd Floor, Sendai Daiichi seimei Tower Bldg., 4-6-1 Ichibancho, Aoba-Ku, Sendai 980-0811
TEL (022)262-6586
Aomori
5th Floor, Asahiseimei Aomori Bldg., 2-20-3 Furukawa, Aomori 030-0862
TEL (017)722-8657
Morioka
3rd Floor, Asahiseimei Morioka chuoudori Bldg., 1-7-25 Chuodori, Morioka 020-0021
TEL (019)652-1821
Akita
6th Floor, Manulife Place Akita Bldg., 3-4-1 Omachi, Akita 010-0921
TEL (018)863-1018
Yamagata
6th Floor, Sumitomoseimei Yamagata Daini Bldg., 2-4-19 Tokamachi, Yamagata 990-0031
TEL (023)631-0621
Fukushima
3rd Floor, Meijiyasudaseimei Fukushima Bldg., 7-11 O-machi Fukushima 960-8041
TEL (024)522-4466

Kanto

Kanto
42th Floor, Yokohama Land Mark, 2-2-1 Minato Mirai, Nishi-Ku, Yokohama 220-8142
TEL (045)651-7311
Mito
5th Floor, Meijiyasudaseimei Mito Minamimachi Bldg., 3-4-14 Minamimachi, Mito 310-0021
TEL (029)225-5138
Utsunomiya
5th Floor, KMG Bldg Obata., 1-1-27 Obata, Utsunomiya 320-0036
TEL (028)621-3887
Maebashi
5th Floor, Shinseijyoho Bldg., 2-14-8 Honmachi, Maebashi 371-0023
TEL (027)221-5300
Saitama
3rd Floor, Urawa Daiei Bldg., 2-6-5 Takasago, Urawa-Ku, Saitama 330-0063
TEL (048)822-1211
Chiba
6th Floor, Chiba Shindencho Daiichi seimei Bldg., 1-1 Shindencho, Chuo-ku, Chiba 260-0027
TEL (043)302-1081
Yokohama
42th Floor, Yokohama Land Mark, 2-2-1 Minato Mirai, Nishi-Ku, Yokohama 220-8142
TEL (045)651-7311
Niigata
4th Floor, Chuo Bldg., 1058-1 Lokubancho, Higashihorimae, Chou-Ku, Niigata 951-8066
TEL (025)228-3761
Kofu
5th Floor, Tobu anamizu Bldg., 1-17-10 Marunouchi, Kofu 400-0031
TEL (055)222-1391
Nagano
3rd Floor, Choei Daiichi Bldg., 1282-11 Minami Ishido Minami Nagano 380-0824
TEL (026)228-3444
Matsumoto
7th Floor, Matsumoto Honmachi Daiichi Seimei Bldg., 2-1-27 Chuo Matsumoto 390-0811
TEL (0263)32-8871

Tokai

Tokai
7th Floor, Nishiki Park Bldg., 2-4-3 Nishiki, Naka-Ku, Nagoya 460-0003
TEL (052)222-6100
Shizuoka
6th Floor, Mainichi Ezaki Bldg., 8-20 Shichikencho, Aoi-Ku, Shizuoka 420-0035
TEL (054)255-7325
Hamamatsu
26th Floor, Act Tower Hamamatsu, 111-2 Itayamachi, Naka-Ku, Hamamatsu 430-7726
TEL (053)453-0386
Gifu
5th Floor, Kyouwa Kougyou Bldg., 1-8-5 Kandacho, Gifu 500-8833
TEL (058)263-0653
Tsu
2nd Floor, Tsu Chuo Bldg., 34-5 Marunouchi, Tsu 514-0033
TEL (059)228-3442

Hokuriku

Hokuriku
8th Floor, Rifare Bldg., 1-5-2 Honmachi, Kanazawa 920-0853
TEL (076)222-1305
Toyama
7th Floor, Toyama Daiichiseimei Bldg., 2-25 Sakurabashidori, Toyama 930-0004
TEL (076)432-1585
Fukui
2nd Floor, Nihonseimei Fukui Ote Bldg., 3-2-1 Ote, Fukui 910-0005
TEL (0776)24-7411

Kinki

Kinki
5th Floor, Midosuji Mitsui Bldg., 4-1-3 Bingomach, Chuo-Ku, Osaka 541-0051
TEL (06)6203-7535
Otsu
4th Floor, Asahiseimei Otsu Bldg., 1-1-3 Hamaotsu, Otsu 520-0047
TEL (077)523-3298
Kyoto
8th Floor, East Urbanex Oike Bldg., 361-1 Umeyacho, Oikesagaru, Kurumaya, Nakagyo-Ku, Kyoto 604-8186
TEL (075)241-3431
Kobe
15th Floor, Kobe Asahi Bldg., 59 Naniwamachi, Chuo-Ku, Kobe 650-0035
TEL (078)332-3224
Nara
4th Floor, Nissay Nara Wakakusa Bldg., 8-1 Hayashikoujicho, Nara 630-8227
TEL (0742)25-2201
Wakayama
5th Floor, Wakayama Daiichiseimei Bldg., 5 Rokubancho, Wakayama 640-8154
TEL (073)423-0253

Chushikoku

Chushikoku
8th Floor, Asahiseimei Hiroshima Ebisucho Bldg., 4-21 Ebisucho, Naka-Ku,Hiroshima 730-0021
TEL (082)541-3211
Tottori
2nd Floor, Tottori Ekimae Daiichiseimei Bldg., 115-1 Ogimachi, Tottori 680-0846
TEL (0857)23-0400
Matsue
6th Floor, Sonpo Japan Matsue Bldg., 549-1 Mitesenbacho, Matsue 690-0007
TEL (0852)22-2663
Okayama
9th Floor, Mitsuiseimei Okayama Bldg., 8-29 Saiwaicho, kita-ku, Okayama 700-0903
TEL (086)223-3842
Yamaguchi
2nd Floor, Yamaguchi Branch Mizuho bank, 1-15 Yoneyacho, Yamaguchi 753-0087
TEL (083)922-8110
Takamatsu
7th Floor, Asahiseimei Takamatsu Bldg., 2-1 Kameicho, Takamatsu 760-0050
TEL (087)863-6066
Tokushima
7th Floor, Tokushima Fukoku Seimei Bldg., 1-44 Saiwaicho, Tokushima 770-0847
TEL (088)625-7992
Matsuyama
6th Floor, Takaoka Bldg.,4-1-5 Chifunemachi, Matsuyama 790-0011
TEL (089)933-0072
Kochi
8th Floor, Kochi Chuo Daiichi seimei Bldg., 2-26 Sakaimachi, Kochi 780-0834
TEL (088)824-7888

Kyushu

Kyushu
9th Floor, Fukuoka Daiyamondo Bldg., 1-12-7 Tenjin, Chuo-Ku, Fukuoka 810-0001
TEL (092)781-6073
Kitakyushu
8th Floor, Uomachi Center Bldg., 1-4-21 Uomachi, Kokurakita-Ku, Kitakyushu 802-0006
TEL (093)531-6788
Saga
3rd Floor, Asahiseimei Saga Ekimae Bldg., 1-5-10 Ekimaechuo, Saga 840-0801
TEL (0952)24-7034
Nagasaki
4th Floor, Daiichi Moriya Bldg., 3-13 Banzaimachi, Nagasaki 850-0033
TEL (095)821-7830
Kumamoto
11th Floor, Nishijima Mitsui Bldg., 1-20 Sakuracho, Kumamoto 860-0805
TEL (096)355-0477
Oita
6th Floor, Oita Kowa Bldg., 3-4-20 Funaicho, Oita 870-0021
TEL (097)534-0545
Miyazaki
3rd Floor, Nissay Miyazaki Bldg., 1-6-38 Takachihodori, Miyazaki 880-0812
TEL (0985)20-9392
Kagoshima
8th Floor, Kagoshima Chuo Bldg., 1-10 Yamanokuchicho, Kagoshima 892-0844 
TEL (099)222-7017
Naha
9th Floor, Nihonseimei Naha Bldg., 3-1-1 Kumoji, Naha 900-0015
TEL (098)861-8171

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