Search - real_estate

 
 
Japan Times
BUSINESS / FOCUS
Nov 16, 2021

China faces GDP growth at 1990s levels amid Beijing’s property crackdown

President Xi Jinping seems willing to accept the lowest growth in three decades in order to reduce the country's dependence on its property sector.
BUSINESS
Dec 26, 2019

Daiwa to expand REIT business as low rates persist

Daiwa Securities Group Inc. is expanding its real estate investment trust business as low interest rates continue to drive investors into domestic property funds.
JAPAN
Sep 29, 1998

Foreign firms cool to hot Japanese real estate

Staff writer
Japan Times
BUSINESS / Economy
May 11, 2023

Lower Tokyo office vacancy rate gives relief to market after COVID-19

Historically, the city has recorded vacancy rates in the low single digits, but the market may be settling into a new normal of higher levels considering the change in work trends.
Japan Times
BUSINESS / Companies
Aug 18, 2015

Tokyo building boom causes debt fatigue as Sumitomo yields rise

Sumitomo Realty & Development Co. is forecasting a third-straight year of record operating income as "Abenomics," the name give to Prime Minister Shinzo Abe's economic policies, spurs a property market boom. That doesn't mean investors have unlimited appetite for its debt.
Japan Times
BUSINESS / FOCUS
Aug 27, 2022

China’s bad debt funds are no white knights in property crisis

Aggressive lending to embattled developers has beset the $730 billion funds with heavy credit losses, forcing Beijing to weigh a preliminary plan to restructure the sector.
Japan Times
BUSINESS
Jul 25, 2022

China on alert for Evergrande restructuring plan after shakeup

The company rocked markets late last year when it defaulted on dollar-bond payments after liquidity scares that began in 2020.
Japan Times
BUSINESS
Mar 5, 2022

London’s billionaire playground challenged by war’s reality

Putin's invasion of Ukraine, and the subsequent targeting of Russia's overseas money, threatens to end the British capital's near 50-year run as the plutocrat's playground of choice.
Japan Times
BUSINESS / Companies
Jan 12, 2022

World’s worst-performing bank lent billions to China Evergrande

Battered by mounting losses on loans to developers including China Evergrande Group, China Minsheng Banking Corp. saw their stocks tumble 31% in the 12 months through last week.
Japan Times
BUSINESS
Nov 29, 2021

Even in tech hub Shenzhen, China's property market succumbs to chills

The lack of turnover in the property market and the fallout on the city's real estate brokers stems in part from policy efforts by local authorities to make apartment prices more affordable.
Japan Times
BUSINESS
Oct 11, 2021

How Evergrande's rags-to-riches founder is trying to save his empire

Evergrande chairman Hui Ka Yan's fortune is plunging and his sprawling real estate empire is on the verge of collapse.
Japan Times
BUSINESS
Oct 4, 2021

China steps up efforts to ring-fence Evergrande, not save it

In the last week alone, Chinese authorities have dispatched top financial regulators to nudge the country's massive banks to ease credit for homebuyers and support the property sector.
Japan Times
JAPAN / Crime & Legal / Regional Voices: Okinawa
Jun 14, 2021

Okinawa activists fear land-purchase bill will hit anti-base movement

Residents are asking the government to provide an explanation as to why the legislation is necessary.
Japan Times
BUSINESS / Companies
Jul 11, 2020

Empty offices growing in Tokyo as virus gives tenants pause

Vacancies in five major business districts rose to 1.97 percent in May, the largest monthly gain in over a decade.
Japan Times
JAPAN / Regional Voices: Okinawa
Apr 21, 2019

Worker influx ignites resort island rent bubble on Miyakojima

An influx of construction workers to meet the demands of the tourism boom on the Okinawan resort island of Miyakojima is creating severe apartment shortages, sending rents higher.
Feb 5, 2019

ORIX Real Estate Establishes a New Inn and Hotel Operating Business Brand: ORIX HOTELS & RESORTS

TOKYO, Japan – January 31, 2019 – ORIX Real Estate Corporation (“ORIX Real Estate”) announced that it has established ORIX HOTELS & RESORTS (“OHR”) as a new onsen hotel and hotel operating business brand. The new brand will subdivide 13 of the facilities that ORIX Real Estate operates in...
Japan Times
JAPAN
Dec 27, 2017

Tokyo's Kabutocho financial district gets creative in bid to revive its quiet streets

It's a Monday night in late November and Ryutei Ichiya, a kimono-clad 34-year-old rakugo comic raconteur, is performing a skit in front of a crowd of over 100.
Japan Times
BUSINESS / Companies
Jan 11, 2017

SoftBank's Son cedes to Murdoch as top India home, property portals merge

Indian real estate websites PropTiger.com and Housing.com are merging to create the country's top portal for residential listings and property services, as Rupert Murdoch's News Corp. boosts its investment in the growing sector while Masayoshi Son's SoftBank Group Corp. scales back.
Japan Times
LIFE / Lifestyle / HOME TRUTHS
Oct 1, 2016

Tokyo faces declining condominium prices

In Japan's housing market, there has always been one verity: Certain parts of Tokyo will always be popular and, therefore, profitable for developers. However, according to various media reports, that verity may have collapsed, at least when it comes to new condominiums.
Japan Times
BUSINESS / Companies
May 28, 2014

Mitsui Fudosan plans big share issue on Olympics

Mitsui Fudosan Co. plans to raise as much as ¥324.6 billion in the biggest share sale by a property company in Japan in at least four decades.
Japan Times
COMMUNITY
Oct 14, 2006

Taking the real estate industry to new levels

No need to feel sorry for E. Takashi Norris, working all alone at his desk in Azabudai. Because it's good news -- including having a very nice office all to himself. "All my staff are out on business," he explains. "Even the young woman I took on initially as my assistant is now operating her own right,...
Japan Times
BUSINESS
Aug 4, 2006

Gap in real estate prices between big, small cities continues to widen

The gap in land prices between large and small cities continues to widen even though the average price in select areas has moved higher for the first time in 14 years.
BUSINESS
May 19, 2000

Firms agree to tie up on real estate

The planned Mizuho Financial Group will team up with real estate giant Mitsui Fudosan Co. in securitizing their real estate holdings, officials close to the deal said Thursday.
Japan Times
BUSINESS
Apr 21, 2021

The 'metaverse' bet: Crypto-rich investors snap up virtual real estate

A new economy of blockchain-based virtual worlds is arising where land, buildings, avatars and even names can be bought and sold as nonfungible tokens.
A construction crane beyond an apartment building at dusk in the Prenzlauer Berg district in Berlin, in February.
BUSINESS / Economy
Nov 3, 2023

Europe’s great housing crisis is only getting started

With housing already tight, the situation threatens to weigh on growth and further stoke political tensions as shortages squeeze more and more voters.
The Bank of Japan headquarters in Tokyo. The central bank has yet to step into the real estate investment trusts market this year, after purchases every year since 2010 to help lower risks in the property market.
BUSINESS
Nov 22, 2023

BOJ pulls back from risk asset buying in sign of normalization

The lack of buying comes amid simmering speculation that the Bank of Japan will scrap its negative interest rate and control of government bond yields.
Residential buildings in the Kachidoki area of Tokyo. The average unit price of newly supplied condominiums in the greater Tokyo area in the first six months of this year reached the highest level for the six-month period due to rising material and labor costs and higher land prices.
BUSINESS
Jul 21, 2023

Tokyo's new condo prices surge 60% to a record in first half of year

The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
U.S. and Japanese authorities are concerned that purchases of farmland near military bases and other critical facilities will allow China and other governments to spy on or interfere with their operations.
COMMENTARY / World
Aug 22, 2023

For the best espionage, it’s location, location, location

Efforts by Chinese companies to purchase land — often, but not exclusively, agricultural — has authorities in Japan and the United States up in arms.
Japan’s first trading of digital securities will begin next month in the form of security tokens issued by real estate firms.
BUSINESS
Nov 21, 2023

Japan to start digital securities trading from December

The trading of security tokens issued by real estate firms Ichigo and Kenedix will begin on the Osaka Digital Exchange.

Longform

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