Search - real_estate

 
 
BUSINESS
Apr 24, 2008

With credit tight, real estate growth tails off

Japan's real estate market is becoming lackluster after the growth of the past few years due to the ripple effect of the credit squeeze triggered by the U.S. subprime mortgage loan crisis.
Japan Times
BUSINESS
Jun 14, 2022

Amazon builds property empire, quietly buying land across the U.S.

Amazon plans to use much of the real estate for a new generation of towering fulfillment centers that can store a wide variety of products close to customers in populous areas.
Japan Times
COMMUNITY / How-tos
May 10, 2021

Japan’s undeterred housing market is full of opportunity for foreign residents

The COVID-19 pandemic has caused many foreign residents to think about what they want to do long-term in Japan. For some, buying property is the answer.
Japan Times
BUSINESS / Companies / Taking the Lead
Sep 17, 2018

For Lifull president Takashi Inoue, emerging tech and a touch of altruism are key to success

Takashi Inoue wants to transform his company, Lifull Co., into a one-stop shop for important lifestyle goods and services, where customers don't just make purchases but are able to get information about what they are buying as well.
Japan Times
BUSINESS
May 2, 2008

Real estate deflation looms

Akira Mori, Japan's richest man, spent a record ¥231 billion buying Tokyo's Toranomon Pastoral Hotel last September. He now says it's worth closer to ¥200 billion.
Japan Times
BUSINESS / Regional Voices: Kyushu
Oct 11, 2021

Japanese real estate targeted by Chinese and Hong Kongers

As more people from overseas buy up land in Japan, authorities express frustration at potentially not being able to trace landowners when the need arises.
Japan Times
BUSINESS
Oct 9, 2021

Tycoon behind a crisis-era property crash now sits on a $9 billion debt mountain

Germany's Adler Group owes its creditors more than u20ac8 billion ($9.3 billion) and bears warn it might be more leveraged than it appears.
Japan Times
WORLD
Mar 29, 2022

In Istanbul and Dubai, Russians pile into property to shelter from sanctions

While Turkey and the UAE have criticized the Russian offensive, Ankara opposes non-U.N. sanctions on Russia and both countries have relatively good ties with Moscow.
Japan Times
JAPAN / GENERATIONAL CHANGE
Jul 9, 2018

Real estate for the people: One man's mission turning vacant houses into homes for everyone

Hideki Kawakita doesn't look like your average real estate agent.
BUSINESS
Nov 17, 2005

AC Real Estate files in year's biggest failure

AC Real Estate Corp., set up to dispose of the nonperforming real estate holdings of ailing general contractor Fujita Corp., has filed for court protection from creditors with liabilities of some 352.6 billion yen, company officials said Wednesday, making it the year's largest corporate failure.
JAPAN
Mar 13, 1998

Foreign firms attempt to cash in on Tokyo's real estate bargains

Staff writer
Japan Times
BUSINESS
Dec 30, 2011

Real estate unit projects 18% rise in condo sales in '12

Nomura Real Estate Holdings Inc. plans to boost its home sales by about 18 percent next year as a drop in housing inventories signaled a rebound after the March 11 earthquake.
The building at 245 Park Avenue, which housed the headquarters of Bear Stearns in the 1980s, in New York. Mori Trust bought a 49.9% stake in the building from SL Green Realty in June.
BUSINESS
Dec 6, 2023

Japanese buyers snap up New York and London buildings in spree

Investors see attractive prices stemming from the real estate downturn, even as the yen’s weakness reduces purchasing power.
Having succeeded her father, Akira Mori, Miwako Date has been CEO of real estate development firm Mori Trust since 2016.
BUSINESS / WOMEN AT WORK
May 19, 2024

Leading a major property developer with an eye on art and culture

Third-generation CEO Miwako Date is making her mark with Mori Trust's regional luxury hotels.
Blackstone is working on more acquisitions in Japan with several bids out and properties like hotels and data centers in the pipeline.
BUSINESS / Companies
Aug 14, 2023

Blackstone eyes more Japan property after selling $4.5 billion

Real estate investments in Japan have been rosy compared to other countries, where rising costs have squeezed finances and workers have shunned offices.
Workers walk past an underconstruction area with completed office towers in the background in Shenzhen's Qianhai new district on Aug. 25, 2023.
BUSINESS / Economy
Jan 1, 2024

China's strained economy casts shadow over 2024

Last year, the economy was roiled by a real estate crisis, falling consumer confidence, deflation and the disappearance of foreign investment.
Several factors are pushing up Japan’s land prices: foreign tourism, a return of manufacturing to the country and the change in work practices after the COVID-19 pandemic.
EDITORIALS
Sep 22, 2023

Rising land prices are a cause for celebration and concern

The government said real estate prices across Japan rose 1% from the preceding year, the first such national increase in over three decades.
Tokyo Gas’ LNG terminal in Sodegaura, Chiba Prefecture
BUSINESS / Companies
Nov 20, 2024

Tokyo Gas shares jump most since 1987 after activist fund discloses major stake

Elliott Investment Management said it now owns more than 5% of Tokyo Gas and may make "important proposals” to the utility provider.
The average price of new condos in Tokyo's 23 wards in the first half of this year stayed over ¥100 million and a notable wave of price increases was observed in urban areas surrounding Tokyo.
BUSINESS
Oct 7, 2024

Tokyo area condo prices remain sky-high

The average price of new condos in central Tokyo's densely populated 23 wards stood at ¥108.55 million in the first half of this year.
The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
BUSINESS / Economy
Oct 4, 2023

Surging Tokyo property prices squeeze out young professionals

The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
Shanghai’s luxury real estate market is a bright spot in China’s bleak property sector.
BUSINESS / Markets
Jun 25, 2024

China’s rich spend millions on Shanghai property, bucking crisis

It’s the only one among the country’s mega cities that still attracts people to put down money in an asset class that has otherwise been abandoned.
The Financial Services Agency said in its annual policy guidance that overseas real estate is among the credit risks to watch this year and that it will assess major banks' "situation of loans” made in this sector.
BUSINESS
Aug 30, 2023

Japan regulator to evaluate banks’ commercial property exposure

Commercial real estate has become one of the highest-profile asset classes hit by rapid rate hikes.
Chinese tourists buy gold bars and gold accessories at LukFook, a jewelry store, in Hong Kong.
BUSINESS / Economy
Nov 28, 2023

Gold bars and Tokyo apartments: How money is flowing out of China

The outbound shift of money in part indicates unease inside China about the sputtering recovery after the pandemic as well as deeper problems.
The entrance lobby of Accor's Mercure Tokyo Hibiya, which recently opened in the capital
BUSINESS / Companies
Jan 2, 2024

Backed by tourism potential, hotels keen to cultivate Japanese market

Because Japan was slow to reopen its borders, there appears to be robust, pent-up demand to visit the country.
The Aozora Bank headquarters in Tokyo. The bank surprised investors with losses tied to U.S. commercial property, sending shares down by the limit and heightening concern over global banks' exposure to souring real estate bets.
BUSINESS / Companies
Feb 2, 2024

Gamble on U.S. commercial property blows up for Japan’s Aozora

Shares went down by the limit and heightened concern over global banks' exposure to souring real estate bets.
Factory activity in China contracted for a fourth straight month in August, with subindexes showing deepening deflationary pressures.
BUSINESS / Economy
Sep 2, 2024

China faces calls for stimulus as growth engines stall amid property woes

Factory activity contracted for a fourth month in August, with subindexes showing deflationary pressures and latest sales figures showing a worsening residential slump.
A Tokyo Star Bank branch in Tokyo
BUSINESS / Companies
Sep 13, 2024

Tiny Japan bank looks to grow by lending to offshore homebuyers

Japan’s weak yen and low interest rates have drawn overseas interest in Japanese property and boosted prices.
A lobby lounge of a luxury hotel inside Tokyo Garden Terrace Kioicho in Tokyo's Chiyoda Ward
BUSINESS / Companies
Nov 20, 2024

Blackstone nears $2.6 billion deal to buy Seibu’s Tokyo complex

Any sale around that amount would make it one of the most expensive single real estate transactions in Japan.
Rapidus' new semiconductor plant under construction in Chitose, Hokkaido, in July
BUSINESS / Companies
Sep 18, 2024

New high-profile chip plants driving up nearby land prices across Japan

Expectations for growth in demand for semiconductors has boosted demand for commercial and industrial plots, and housing.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?