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
High-rise buildings in Tokyo. Through faking documents and passports a criminal group conspired to pose as the owner of a real-estate plot and buildings in Tokyo's Shinagawa Ward in 2017, defrauding Sekisui House of ¥5.5 billion.
JAPAN / Crime & Legal
Nov 28, 2024

Real-life ‘Tokyo Swindlers’ ordered to pay ¥1 billion in damages

The Tokyo District Court ruled that the defendants knew they were engaging in a fraudulent scheme in their dealings with Sekisui House.
Hong Kong's real estate sector is slumping, putting the government's development plans at risk and signaling a wider economic malaise that may become a spanner in the works of Beijing's plans to transform the territory's economy.
COMMENTARY / World / Geoeconomic Briefing
Apr 7, 2025

Will China succeed in remaking Hong Kong in its own image?

Beijing can control Hong Kong politically, but to impose its economic vision on the territory it needs businesses to get on board as these face an economic and real estate plunge.
Former Prime Minister Taro Aso has the most assets among Lower House members, at ¥601.53 million ($4.1 million), according to a Jiji Press tally of asset reports filed after the general election in October last year.
JAPAN / Politics
Apr 7, 2025

Lower House members' assets hit record low: Jiji

The decrease reflects the retirement or electoral defeat of major asset holders in last year's general election, and the debut of new lawmakers.
Hong Kong's commercial real estate sector is going through one of its worst slumps in history.
BUSINESS / Markets
Jan 27, 2025

Hong Kong’s property distress is catching up with city’s banks

Banks with soured loans and mortgages have been reluctant to sell the underlying real estate assets at a loss — but that is changing.
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.
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.
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.
Japan has become one of the biggest markets for activist investors, with the government and institutions such as the Tokyo Stock Exchange pushing companies to pay more attention to stock prices and shareholder returns.
BUSINESS / Companies
Mar 24, 2025

Elliott said to have built up significant stake in Sumitomo Realty

The size of the stake in isn’t known but the activist investor has engaged with the Tokyo-based real estate developer on measures to improve shareholder value, sources say.
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.
Brookfield Asset Management has bought a stake in Gajoen, a mixed-use luxury complex in Tokyo, and plans to ramp up real estate investments in Japan.
BUSINESS
Jan 27, 2025

Brookfield seeks to buy more property in Japan after $1.6 billion in deals

There has been a trend of increased foreign investor activity in Japanese real estate in recent years, buoyed by the weak yen and cheap financing.
Takashi Murata, head of Japan at Warburg Pincus in Tokyo, says the private-equity firm is confident about market growth in Tokyo despite the overall depopulation of Japan.
BUSINESS / Companies
Apr 2, 2025

Warburg purchases Tokyo rental houses and plans Japan office

The New York-based private equity firm said it acquired a portfolio of 1,195 shared rental houses in the greater Tokyo area.
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 building of new high-rise residential buildings has some alarmed that they could empty and fall into disrepair as Japan's population shrinks.
JAPAN / Society / Longform
Feb 24, 2025

The high cost of letting Japan's condos crumble

With rising repair costs, dwindling reserve funds and an aging population of owners, thousands of buildings are at risk of falling into disrepair.

Longform

An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow it