M&A DUE DILIGENCE
Know the real estate before you sign.
When you acquire or sell a Japanese company, or plan a succession, we review the real estate the company holds — its value, the rights attached to it, and the regulations that apply. Reports are available in English.
What a real estate due diligence covers
- Value — we estimate the value of each property using appraisal methods and identify unrealized gains or losses against book value or the price on the table
- Title and rights — registration, leasehold and leased land (shakuchiken · sokochi), co-ownership, and security interests that affect value
- Planning and building regulations — zoning and building code restrictions, and whether existing buildings conform to current rules
- Leases — for income property, the lease terms, the rent level, and how far rents sit from the market
- Building condition — where a technical (engineering) report is available, its findings are reflected in the valuation
Services and fees
| Service | Typical use | Fee (excl. tax) |
|---|---|---|
| Real estate due diligence report | Acquisition or sale of a company, business succession | from ¥400,000 |
| Formal appraisal report | Contributions in kind, intra-group transfers, support for price negotiations | from ¥400,000 |
| Value opinion (non-statutory) | Early-stage price check while a deal is being considered | from ¥300,000 |
| Portfolio review | Acquisition of a company holding many properties | quoted individually |
Appraisal fees vary with the property type (see Appraisal Services & Fees). English-language reports are quoted individually. For portfolios or tight deadlines, please tell us the number of properties and the deal timetable.
Valuations for financial reporting, such as purchase price allocation, are not currently accepted.
Why work with us
Run alongside legal, financial and tax due diligence
LOGIT Partners, the law and accounting firm in our group, handles legal, financial and tax due diligence. The real estate review proceeds in parallel, so findings can be shared as the deal moves.
Valuation read in its legal and tax context
The appraiser in charge is also qualified in Japan as an attorney, a CPA and a tax accountant, and reports with an eye to how the valuation bears on the purchase price, the contract terms, and the tax treatment of the acquisition or restructuring.
Scoped to your deal timetable
We can work in stages — an early price check first, then a closer review of the properties that matter most — to fit the schedule of the transaction.
Contact
Please send your inquiry through the form. We will let you know whether we can take on the matter, together with a fee estimate. There is no charge at the inquiry stage.
Go to the inquiry form