CBRE's latest investor survey (as of April 2018) found that expected yield for offices (Otemachi) fell by 10bps q-o-q to 3.45%, while expected yield for multi-family residential (Tokyo South, Tokyo East) and logistics facilities (Tokyo bay area) also fell by 1bps to 4.44% and 4.63, respectively. These are the lowest levels since CBRE's surveys began.