As of March 2025, shopping malls in core locations in Wellington, New Zealand, had a median cap rate of around ****. In comparison, the median cap rate of shopping malls in core location in Tokyo, Japan, was around *** as of March 2025.
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CBRE Group. (May 22, 2025). Median cap rate of shopping malls in the Asia-Pacific region as of March 2025, by city and location [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 29, 2026, from /statistics/1255160/apac-shopping-mall-cap-rate-by-city/
CBRE Group. "Median cap rate of shopping malls in the Asia-Pacific region as of March 2025, by city and location." Chart. May 22, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 29, 2026. /statistics/1255160/apac-shopping-mall-cap-rate-by-city/
CBRE Group. (2025). Median cap rate of shopping malls in the Asia-Pacific region as of March 2025, by city and location. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 29, 2026. /statistics/1255160/apac-shopping-mall-cap-rate-by-city/
CBRE Group. "Median Cap Rate of Shopping Malls in The Asia-pacific Region as of March 2025, by City and Location." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 22 May 2025, /statistics/1255160/apac-shopping-mall-cap-rate-by-city/
CBRE Group, Median cap rate of shopping malls in the Asia-Pacific region as of March 2025, by city and location ÌÇÐÄÆÆ½â°æ, /statistics/1255160/apac-shopping-mall-cap-rate-by-city/ (last visited July 29, 2026)
Median cap rate of shopping malls in the Asia-Pacific region as of March 2025, by city and location [Graph], CBRE Group, May 22, 2025. [Online]. Available: /statistics/1255160/apac-shopping-mall-cap-rate-by-city/