Tag - real-estate

 
Menu
Search
 
February 23, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

REAL ESTATE

Minor Hotels and Royal Holdings executives explain their joint venture at a news conference last week in Tokyo.
BUSINESS / Companies
Feb 17, 2025
Thailand's Minor Hotels entering Japanese market with Royal Holdings JV
The 50-50 joint venture aims to have 21 hotels in Japan by 2035.
Construction workers in Pasadena, California, on Tuesday. The U.S. could lose millions of workers in the construction industry if President Donald Trump carries through on his campaign of mass deportations, with workers in agriculture, bars and restaurants also at risk.
WORLD / Crime & Legal
Feb 12, 2025
Trump deportations send construction workers 'back to the shadows'
Such a response could worsen a labor shortage that already threatens to delay homebuilding and exacerbate a housing affordability crisis.
The Hyatt Regency hotel in Tokyo's Shinjuku Ward
BUSINESS / Companies
Feb 3, 2025
KKR and Gaw look to sell Tokyo Hyatt Regency for over ¥100 billion
The two investment firms bought the hotel in the Shinjuku area for an estimated ¥60 billion less than two years ago.
A worker drives past residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province. The indebted Chinese property developer warned on Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed.
BUSINESS / Companies
Jan 28, 2025
Rare China support shows Vanke may be too big to fail
The unusual support shows that Vanke holds a special place within China’s moribund property sector.
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.
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.
The number of new units for sale in the Tokyo metropolitan area fell 14.4% last year to a record low.
BUSINESS / Economy
Jan 23, 2025
Tokyo apartment prices retreat in 2024 as market calms
The decrease — the first in six years — came after prices rose nearly 30% to a record high in 2023 when several luxury condos went up for sale.
Mori Building has been offering yoga and body stretch programs in the shared common space of its Azabudai Hills complex in Tokyo's Minato Ward for workers of tenant firms.
JAPAN / Society
Jan 15, 2025
Realtors offer healthy options for office workers of tenant firms
Many companies have learned that preparing a workplace environment in which their employees can stay healthy is key to securing talent.
A Ministry of Land, Infrastructure, Transport and Tourism official explains a new system for detecting vacant houses, on Dec. 23.
JAPAN
Jan 12, 2025
Government developing AI-based system to detect vacant houses
The aim of the system is to spot such properties at an early stage and make them available for sale or rent, or demolish them before they collapse.
The government said in the survey there were no cases of disruptive behavior, such as radio jamming, from sites that buyers from China acquired targeting the areas with national security importance.
JAPAN
Dec 24, 2024
Most foreign buyers of land near Japan security areas are Chinese: survey
Japan's government said there were no cases of disruptive behavior, such as radio jamming, from the acquired sites targeting the areas with national security importance.
Tokyo has the highest price-to-income ratio for high-rise condominiums in the country, at 17.78 times.
BUSINESS / Economy
Dec 12, 2024
New Japanese condos now cost 10 times average salary, study shows
Wages are not keeping up with rising costs, resulting in developers focusing on the higher end of the market.
Fewer and fewer people are using the administrative consultation system, which will mark its 70th anniversary next year.
JAPAN / Society
Dec 12, 2024
Japan aims to raise awareness of administrative consultation services
Fewer people are using the administrative consultation system, which will mark its 70th anniversary next year.
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.
Insurance tycoon Douw Steyn’s 250 million rand home overlooks the luxury residential estate bearing his name near Johannesburg, South Africa.
BUSINESS
Dec 9, 2024
Luxury estates for the rich are a booming business in South Africa
Despite a 20% decline in South Africa’s millionaire population over the past decade, it remains a hub for the continent’s high-net-worth individuals.
A residential area of Tokyo. Rising prices has made it difficult for the child-rearing generation to secure large houses in the capital.
JAPAN / Society
Dec 7, 2024
Tokyo government considering fund for housing support
The planned fund will provide necessary financial aid for private businesses to develop affordable housing.
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.
Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
BUSINESS / Companies
Nov 28, 2024
Real estate worth ¥25 trillion puts Japan companies in spotlight
The hidden value of property on corporate balance sheets is a theme behind some of the biggest activist campaigns and mergers and acquisitions in Japan.
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
CULTURE / Books
Nov 21, 2024
'Tokyo Swindlers': Get deep into the minds of real estate con artists
Ko Shinjo’s novel, a bold exploration of the twisted psyches of criminals, is best appreciated as a companion work to the recent Netflix series of the same title.
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.
A lobby lounge of a luxury hotel inside Tokyo Garden Terrace Kioicho in Tokyo's Chiyoda Ward
BUSINESS / Companies
Nov 20, 2024
Blackstone nears $2.6 billion deal to buy Seibu’s Tokyo complex
Any sale around that amount would make it one of the most expensive single real estate transactions in Japan.
Japan's Prince Hisahito to hold first news conference on March 3
Prince Hisahito heads to greet the Emperor and Empress on the occasion of his 18th birthday in Tokyo on Sep. 6.
Special website created 30 years after Tokyo subway sarin attack
Ahead of the 30th anniversary of the 1995 sarin nerve gas attack on the Tokyo subway system by Aum Shinrikyo, the Public Security Intelligence Agency launched a special website Friday.
LDP and opposition lock horns over Japan budget
Prime Minister Shigeru Ishiba in parliament on Friday
Japanese nationals returned from Myanmar as scam probe continues
Multinational victims of scam centers, who were allegedly trafficked into working in Myanmar and were sent to Thailand on Feb. 12 amid a mounting crackdown on scam centers operating along a porous border, queue to get food at a shelter in Tak province, Thailand, on Wednesday.
Over 80% of Japanese say death penalty system is 'unavoidable'
Former death row inmate Iwao Hakamata (left) and his sister, Hideko, attend a gathering of his supporters after his acquittal in a retrial over a 1966 murder case was finalized in October last year.
As Ukraine rift emerges, Kyiv's envoy says Japan must take on bigger global role
Ukrainian Ambassador to Japan Sergiy Korsunsky speaks during an interview at the Ukrainian Embassy in Tokyo on Monday.
Japan release of Shiori Ito's documentary in limbo
Shiori Ito, who won a civil suit over a rape case against a TV reporter, in 2018. Her former lawyers claim her documentary includes footage used without the consent of sources.
Abdul Hakim Sani Brown ready to sprint past Paris disappointment
Abdul Hakim Sani Brown (center) runs during a 100-meter heat at the Paris Olympics on Aug. 3, 2024.
What is the ceiling for sumo’s newest yokozuna?
Newly promoted grand champion Hoshoryu (center) performs a dedication ceremony at Meiji Shrine in Tokyo on Jan. 31.
‘Yasuko, Songs of Days Past’ puts overlooked star in the spotlight
“Yasuko, Songs of Days Past” centers on a real-life love triangle between poet Chuya Nakahara (Taisei Kido, left), actor Yasuko Hasegawa (Suzu Hirose, center) and literary critic Hideo Kobayashi (Masaki Okada).

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Tokyo Koon stands at the forefront of tackling the so-called 2025 issue, also known as the “Magnetic Tape Alert.”
The race to save 20th-century history
By Alex K.T. Martin

SUSTAINABLE JAPAN

Site designer on why expos matter more than ever
Site designer on why expos matter more than ever

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER