Japan's supply of new condos fell to 24-year low in 2016

Feb 20, 2017

Japan's supply of new condos fell to 24-year low in 2016

The number of new condominiums put up for sale across Japan in 2016 dropped 1.4 percent from the preceding year to a 24-year low of 76,993 units, while prices stayed high, according to a private think tank. Supply dropped for the third straight year, ...

Feb 17, 2017

Mitsubishi Estate names Junichi Yoshida as new president

Mitsubishi Estate Co. has named Senior Executive Officer Junichi Yoshida as its new president. Yoshida, 58, will succeed Hirotaka Sugiyama, 67, who will step aside to take up the post of chairman at the major Japanese real estate developer, the company said in a ...

Nov 16, 2016

New condo supply slips in Tokyo area, surges around Osaka

The number of condominiums newly listed for sale in the Tokyo region in October dropped 0.6 percent from a year earlier to 2,903 units, a research institute said Tuesday. Launches of large-scale condominium buildings in Tokyo and neighboring Chiba, Kanagawa and Saitama prefectures have ...