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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 Times
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 Times
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 Times
ASIA PACIFIC
Sep 13, 2019

As unrest deepens, Hong Kongers keep eyes on real estate from Canada to Australia

As protests in Hong Kong stretch from summer into autumn with little sign of resolution, a surge in migration applications suggests more locals are making plans to leave the special administrative region.
Japan Times
WORLD / Politics
Jan 5, 2019

Mexican president says he owns no cars or real estate — but his wife does

Mexican President Andres Manuel Lopez Obrador said on Friday he owns no real estate, vehicles or personal property, echoing what experts say is a pattern among the country's politicians of shifting assets to relatives.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Apr 1, 2018

New minpaku law will alter Japan's rental and hospitality landscape

A new law will go into effect in June to regulate minpaku, private residences rented out by their owners as short-term lodgings. To most, the new law will address changes that have occurred in recent years due to the rise of Airbnb, the worldwide online service that allows travelers to book rooms in...
EDITORIALS
Sep 22, 2017

Keeping land prices steady across Japan

Local government coffers in rural areas continue to be battered by falling land prices.
Buildings in downtown Bozeman, Montana. Tech-savvy Californians who work from home are fleeing to cheaper states, while retirees and nature lovers are flocking to places like Montana.
WORLD / Society
Sep 12, 2023

Pandemic population boom in rural hotspots sparks resentment

In some places, the influx of new residents is deepening political divides in an already polarized country.
Shi Tieniu, 39, sits in a room of an unfinished residential building at Gaotie Wellness City complex in Tongchuan, Shaanxi province, China.
ASIA PACIFIC / Society / FOCUS
Sep 18, 2023

Broken dreams, shattered families in China's unfinished apartments

Since the property debt crisis began in 2021, thousands of homeowners have faced tough situations as smaller developers face liquidity issues.
Many of the wealthy in Japan are becoming more keen to park their cash in private assets like equity, credit and real estate that aren't traded in public markets.
BUSINESS
Sep 20, 2023

Brokers tap demand for private assets among Japan's wealthy

Private assets are booming globally after decades-high inflation and rapid interest-rate hikes weighed on both shares and bonds.
China Evergrande Group Chairman Hui Ka Yan
BUSINESS / Companies
Sep 27, 2023

Evergrande’s billionaire chairman Hui under police surveillance

Hui was taken away by Chinese police earlier this month and is being monitored at a designated location. It’s not clear why he is under surveillance.
The land ministry plans to resume a subsidy program to help families with small children and young married couples build energy-efficient houses.
JAPAN
Oct 21, 2023

Japan looks to resume aid to help build energy-saving houses

The land ministry aims to incorporate the program in the government's upcoming economic package.
WeWork sought U.S. bankruptcy protection on Monday.
BUSINESS / Companies
Nov 7, 2023

SoftBank's WeWork, once most valuable U.S. startup, goes bankrupt

The company reported estimated assets and liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing.
Singapore national flags hang from the facade of a Housing & Development Board public housing estate in the Selegie area of Singapore, in 2021.
BUSINESS / Economy
Nov 17, 2023

China puts money behind Singapore model in major housing shift

Details are undisclosed, outlined in a classified "Document 14" last month.
Mori Building CEO Shingo Tsuji speaks during an interview in Tokyo on Nov. 30.
BUSINESS / Companies
Dec 15, 2023

Mori’s CEO eyeing the next Roppongi Hills, casino resort in Tokyo

The real estate developer behind the towers that have reshaped central Tokyo’s skyline isn’t done yet.
Daiwa Securities' renewed push in Australia comes as Chief Executive Officer Akihiko Ogino seeks to increase income from outside Japan by about 40% in the next few years.
BUSINESS / Companies
Aug 26, 2024

Daiwa plans foray into Australian farm loans and real estate

The firm wants to continue its focus on lending and advisory in the clean energy space, leveraging its five staff in Sydney and Melbourne.
Hong Kong’s property tycoons are eagerly awaiting interest rate cuts by the Federal Reserve due to their struggles with slow home sales, vacant office buildings and tenants pushing for lease renegotiations.
COMMENTARY / World
Sep 12, 2024

The Fed is making Hong Kong's billionaire landlords anxious

Many Hong Kong property companies have significant amounts of debt at floating interest rates tied to Hibor, which tracks the Fed's rate changes.

Longform

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