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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,...
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.
Japan Times
ASIA PACIFIC
Aug 3, 2022

Sweeping mortgage boycott changes the face of dissent in China

While real estate has been the most common cause of protests in recent years, a coordinated boycott of this scale has never happened before in China.
Japan Times
BUSINESS / Economy
Jan 25, 2022

Apartment prices in Tokyo exceed bubble-era high to hit record

Rising demand from dual-income households and increasing construction costs are boosting the capital's once-moribund housing market.
Japan Times
BUSINESS
Nov 10, 2021

Investors await Evergrande's overdue $148 million payment as debt woes grow

Despite Evergrande's debt woes, its electric vehicles unit is planning to push ahead with its plan to sell shares to fund production of new energy cars.
Japan Times
BUSINESS
Sep 22, 2021

Evergrande to make bond coupon payment, easing market jitters

The announcement of the payment comes as Evergrande, once China's top-selling developer, inches closer to a key deadline for an interest payment on a dollar bond.
Japan Times
BUSINESS / Economy / Longform
Jun 14, 2021

Rethinking housing priorities in Japan in the wake of COVID-19

With remote work likely to remain as one of the pandemic's lasting legacies, developers are coming up with innovative new ways of meeting people's expectations toward accommodation and living spaces.
Japan Times
BUSINESS / Regional voices: Chubu
Feb 15, 2021

Empty stores and offices on the rise in Nagoya

Nagoya's central district is seeing more empty stores and offices as the COVID-19 pandemic has led to an increase in teleworking and almost no inbound tourists.
Japan Times
BUSINESS / Companies
Oct 16, 2018

Amid Japan's changing work-style landscape, office space provider WeWork grows at a dizzying pace

The seven-story tower with a glass exterior near Tokyo's trendy Omotesando district serves not just as a co-working space with computers and free Wi-Fi. There is also a pantry, a bar counter and a spacious lounge where you can drink freshly roasted coffee and beer on tap free of charge. There is even...
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Dec 3, 2017

Can a death kill property value?

The apartment in Zama, Kanagawa Prefecture, where police found the remains of nine bodies in late October is one of 12 units in a two-story wooden apartment building located 10 minutes from Sobudai Station on the Odakyu Odawara line. Each unit consists of one room and a kitchen and, according to various...
Japan Times
BUSINESS
Jan 17, 2017

Tokyo office boom fades with more space, fewer workers

Commercial property prices in Tokyo, a bellwether for the market, look to have peaked as the capital faces a glut of new offices even as the number of workers is set to decline.
Japan Times
BUSINESS
Oct 4, 2016

Tokyo condo sales plunge to 24-year low

Sales of new condominiums in Tokyo have fallen to the lowest since the property bubble collapsed in the 1990s.
Japan Times
WORLD / Politics
Apr 6, 2016

Son-in-law of Trump is a real estate investor, newspaper owner and effective informal adviser

Before introducing Donald Trump to a dozen Republican lawmakers at the Washington law offices of Jones Day, Sen. Jeff Sessions paused to acknowledge the man he said had facilitated the closed-door talks.
BUSINESS
Sep 4, 2015

Smartphone game-maker DeNA, builder Haseko join Nikkei 225

DeNA Co., the social website operator that's working with Nintendo Co. on smartphone games, and condominium builder Haseko Corp. will join Japan's Nikkei 225 Stock Average.
Japan Times
BUSINESS
Jul 3, 2015

Salarymen sidelined as Chinese descend on Japan property market

The trend has already hit Sydney, Vancouver and the U.S. Now it's happening in Japan: busloads of real estate buyers from China are coming in, buying up homes and pushing prices higher.
Japan Times
BUSINESS
Jan 23, 2015

Chinese buy up overseas real estate

What do New York's most famous hotel, the Lloyd's of London building and the headquarters of the U.K.'s top law firm have in common? They are all owned by Chinese insurers.
BUSINESS
Dec 26, 2013

Daiwa Real Estate plans health REIT

Daiwa Real Estate Asset Management Co., a unit of the nation's second-largest brokerage, will set up a health-care real estate investment trust that will own nursing homes and hospitals in the world's fastest-aging society.
Japan Times
LIFE / Lifestyle / Japan Pulse
Jun 12, 2010

Pulse Rate: 'Free rent' pricing aims to fill up empty apartments

To fill the dead spot in the annual real estate calendar, realtors have taken to renting apartments at low, low rates.
Residential buildings under construction at Tahoe Group's Cathay Courtyard development in Shanghai
BUSINESS / Economy
Aug 17, 2023

China’s housing slump is much worse than official data shows

Industry insiders and economists say China’s official home-price indexes are likely understating the depth of the downturn.
A 40-year-old house in the city of Fukuoka that has been renovated by Katitas, a company that buys up secondhand houses for resale. The company retained the house's original wooden ceilings and window frames to preserve the property's vintage look.
JAPAN / Regional Voices: Kyushu
Dec 9, 2024

As demand rises for abandoned houses, so do cases of hidden defects

Industry experts recommend prospective buyers conduct thorough inspections before concluding transactions for akiya.
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.

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