Jul 1, 2015

Land prices rise in 10 prefectures, but overall trend is down

Land prices in Japan rose in 10 prefectures over the year to Jan. 1, the National Tax Agency said in an annual report released Wednesday. In the previous year of measurement, prices rose in eight prefectures. But nationwide prices declined an average 0.4 percent ...

Mar 23, 2015

Norway sovereign wealth fund eyeing real estate in Tokyo, Singapore

Norway’s wealth fund is making final preparations for its first Asian real estate investment as it builds a portfolio of properties in the world’s biggest cities. After scouring Asia for investment opportunities, the $870 billion fund, built from Norway’s oil revenue, has narrowed its ...

Mar 16, 2015

Tokyo-area condo supply hit six-year low in February

The number of new condominiums put up for sale in the greater Tokyo area in February slipped to the lowest figure for the month in six years, the Real Estate Economic Institute reported. The new condo supply in Tokyo and the three surrounding prefectures ...