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BUSINESS
Jan 25, 2003

Kumagai Gumi ponders spinoff

Ailing construction company Kumagai Gumi Co. plans to spin off its money-losing real estate business and carry out a massive restructuring in the hope of surviving as a slimmer company half its present size, industry sources said Friday.
BUSINESS
Dec 28, 2001

Kuraray to spin off real estate unit

Synthetic fiber maker Kuraray Co. said Thursday that it will spin off its real estate operation and hand it over to its wholly owned real estate company in April.
BUSINESS
May 23, 2001

Stocks favored over real estate as best investments

More people favor stocks or deposits over owning land as a means of investing money for the first time since the government began a poll on the matter roughly a decade ago, according to a draft government report.
BUSINESS
Apr 12, 2001

LDP panel wants tax cuts for real estate transactions

The ruling Liberal Democratic Party's policymaking panel on land and transportation agreed Wednesday to seek tax breaks for sellers of real estate as part of a government emergency economic package that was unveiled Friday, party sources said.
Japan Times
BUSINESS / Economy
Jun 14, 2023

China’s property tycoons remain in charge even as empires fall

To some observers, keeping the property magnates in charge ensures that their interests remain aligned with those of bondholders.
WORLD / Crime & Legal
Jul 16, 2014

Madoff sons took millions for real estate, trustee alleges

Bernard Madoff's sons created accounts out of thin air and engineered sham loans to buy pricey Manhattan real estate as they diverted tens of millions of dollars of money from their father's firm, a court-appointed trustee said Tuesday.
Japan Times
BUSINESS / Companies
Dec 19, 2013

Mitsubishi Estate to hike office rent in Marunouchi

Mitsubishi Estate Co. plans to increase office rents for the first time in about five years in 2014 as the supply of new buildings slows.
Japan Times
BUSINESS / FOCUS
Mar 14, 2023

Tokyo to get major new office spaces this year, but is there demand?

Massive redevelopment projects in central areas are opening at a time when the vacancy rate is already indicating oversupply.
Japan Times
BUSINESS
May 2, 2019

Office makeovers focus on comfort and productivity as activity-based working takes hold in Japan

The first thing Hiroaki Ninoyu does almost every day when he arrives at work is head to the meditation room.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 1, 2017

Re-registering property: The lie of the land

According to an article that appeared in the Asahi Shimbun last June, authorities are unsure of the title holders to 4.1 million hectares of land in Japan — in total, an area equivalent in size to the island of Kyushu. Though this problem has been evident at least since the 1980s, the government didn't...
Japan Times
LIFE / Lifestyle / Japan Pulse
Feb 23, 2012

Shared office space bringing businesses together

By tearing down the partitions, can shared office spaces foster cross-pollination?
Japan Times
BUSINESS
Dec 23, 2022

Japanese homeowners face an unfamiliar headache: higher mortgages

The Bank of Japan whipsawed global financial markets when it said on Tuesday it would allow rates to rise a little more, signaling a potential end to ultralow rates.
Japan Times
BUSINESS
Jul 20, 2022

It's not just China homebuyers. Now property suppliers are boycotting loans.

The payments protest is the latest sign of how a movement by homebuyers to boycott mortgages on unfinished homes in China is spreading to affect other sectors in the economy.
Japan Times
BUSINESS
Jul 20, 2022

Xi faces surprise revolt from Chinese homebuyers on mortgage boycott

Ordinary Chinese people are publicly revolting, with rapidly escalating boycotts on mortgage payments spread across at least 301 projects in about 91 cities.
Japan Times
BUSINESS
Apr 20, 2022

Wealth shock: Property bust in small Chinese cities rattles households

Homeowners are battling a rare property market downdraft that's eroding the wealth of millions in the world's second-largest economy.
Japan Times
BUSINESS / Markets
Feb 11, 2022

Debt fears swirl around another developer as China property woes deepen

Concerns over the financial health of Logan Group have shaken investor confidence in what was seen as one of China's stronger developers.
Japan Times
BUSINESS
Nov 22, 2021

China property moguls use billions of their own cash on rescues

The move stands in contrast with counterparts overseas, where the concept of limited liability generally protects personal wealth from creditors' claims.
Japan Times
COMMENTARY / World
Nov 11, 2021

China’s very distressed developers are also very clever

Developers, attuned to Beijing's fast and furious credit cycles, are once again coming up with naughty if twisty ways to borrow and survive this harsh winter.
Japan Times
BUSINESS
Oct 22, 2021

Evergrande avoids default with last-minute bond interest payment

Speculation about a default has been swirling for months, stoking credit-market contagion among other cash-strapped developers.
Japan Times
COMMENTARY / World
Oct 13, 2021

When will China flinch and stop the Evergrande meltdown?

If China is at all serious about cutting down its debt, it will have to relent and do something dramatic. Maybe even bail out Evergrande.
Japan Times
COMMUNITY / How-tos
May 17, 2021

Renting, building or renovating: Tips to get the best roof over your head

If you plan to stay for a while in Japan, there are several routes you can take when it comes to finding a place to rest your head.
JAPAN / Media / BIG IN JAPAN
Feb 27, 2021

Corporate selloffs reflect tough times in Japan amid pandemic

Leading Japanese companies are considering selling off prestigious headquarters in central Tokyo as COVID-19 continues to reshape business operations.
Japan Times
BUSINESS / Companies
Nov 27, 2020

Mitsui Fudosan set to bid for Tokyo Dome to ward off Oasis

The real estate company is preparing to make a tender offer of about u00a5100 billion ($960 million), sources say.
JAPAN
Mar 28, 2020

Flying low: The battle over Tokyo’s airspace

Haneda Airport's new flight paths commence despite concerns from aviation experts and public opposition.
Japan's personal mortgages are set to rise for the first time in a generation following the Bank of Japan's rate hike.
BUSINESS / Economy
Aug 1, 2024

Japan’s ultralow mortgages to see first increase in 17 years

Mitsubishi UFJ Financial Group said it plans to increase the short-term prime rate for the first time in 17 years in September.
The darkened area surrounding Lahaina shows where the fire spread on the Hawaiian island of Maui on Aug. 13.
WORLD / Society
Aug 23, 2023

After Maui wildfire residents fear land grab may threaten culture

Hawaii's Office of Consumer Protection has warned of people making below-market offers, playing on fears of foreclosure and the cost of rebuilding.
International investors are investing more money into hotels because of Japan's post-pandemic tourism boom.
BUSINESS / Economy
Sep 24, 2023

Singapore is Japan’s top property investor in 2023, report says

International investors are also attracted to Japan's low borrowing costs, and putting more money into hotels because of a post-pandemic tourism boom.
A man rides a scooter past apartment high rises under construction in Zhengzhou, China, in January 2019.
BUSINESS
Apr 30, 2024

Strained Chinese cities struggle to pay homebuying subsidies

Some local governments are unable to raise funds to pay promised subsidies, frustrating buyers and casting doubts over future support measures.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.