Land boom gives boost to REIT bonds

Feb 20, 2014

Land boom gives boost to REIT bonds

The nation’s real estate investment trusts are offering the most bonds since 2012 as Prime Minister Shinzo Abe’s stimulus steps spark a property-market boom and cut costs for REITs to refinance. Five issuers, including Sekisui House SI Investment Co. and GLP J-Reit, have sold ...

Commercial land prices in three metro regions rise

Sep 19, 2013

Commercial land prices in three metro regions rise

The Tokyo, Osaka and Nagoya metropolitan areas saw commercial land prices rise for the first time in five years in the year to July 1, a government land price survey says. Commercial land rose 0.6 percent on average for the three major metropolitan areas. ...

Tokyo bests New York, Paris for property rents

Sep 13, 2013

Tokyo bests New York, Paris for property rents

Tokyo is the best city for residential-property returns, broker Savills PLC said, because Prime Minister Shinzo Abe’s policies are stimulating the economy and increasing investor confidence. Tokyo, chosen to host the 2020 Olympics, has “extremely attractive” gross rental yields of 4.7 percent compared with ...