Tag - estate

 
 

ESTATE

Japan Real Estate Investment is weighing a plan to raise tens of billions of yen in new capital to buy office buildings in high-rent districts.
BUSINESS / Companies
Sep 19, 2025
Mitsubishi Estate-backed REIT plans equity offering
The REIT's management company has started scouting out office properties in high-rent districts.
A high-end property in the fashionable Daikanyama district in Tokyo
BUSINESS / Markets
Sep 17, 2025
Wealthy foreign nationals picking up ultimate souvenir — a condo in Tokyo
Regardless of their motivations, foreign property buyers in Japan have come under the magnifying glass.
The Government Pension Investment Fund is picking alternative asset funds in Japan on its own, in a shift from its previous practice of entrusting asset managers to choose on its behalf.
BUSINESS / Companies
Sep 17, 2025
GPIF bets on property and infrastructure in Japan, in alternative asset first
Pension funds around the world are seeking extra yields from alternative assets like private equity and real estate, but the yields reflect elevated risks in other areas.
Orix's real estate investment unit has increased the target size of one of its funds by 33%, reflecting a rebound in Japanese institutional investor demand for property market deals.
BUSINESS
Sep 12, 2025
Top Japan leaser Orix plans to boost property fund size by 33%
Investor demand in Japan for alternative assets including real estate has climbed in part due to their resilience against inflation.
Kobe Mayor Kizo Hisamoto addresses in May in Kobe a meeting of a study group discussing the idea of taxing owners of vacant units in high-rise condominiums.
JAPAN / FOCUS
Sep 10, 2025
Kobe eyes tax on vacant or underused units in high-rise condos
Since taking office, Kobe Mayor Kizo Hisamoto has highlighted problems associated with high-rise condominiums, pushing to strengthen regulations and address aging buildings.
GranTokyo South Tower (center). East Japan Railway has bought the 14th to 18th floors of the office building at a price of more than ¥50 billion from Goldman Sachs Group.
BUSINESS / Companies
Sep 9, 2025
Goldman sells Tokyo office area to JR East for over ¥50 billion
The railway company bought the 14th to 18th floors of the GranTokyo South Tower office building, which is connected to Tokyo Station.
The new commercial real estate team fills a gap in Nomura’s securitized products and private credit unit, said Gordon Sweely, the group’s global head.
BUSINESS / Companies
Sep 4, 2025
Nomura builds commercial real estate platform with senior hires from Barclays
The new commercial real estate team fills a long-standing gap in Nomura’s securitized products and private credit unit.
Houses in the Devonport area of Auckland in July last year
BUSINESS
Sep 1, 2025
New Zealand reverses course to let some foreign investors buy homes
The country will open its housing market to wealthy foreigners who invest in local businesses, reversing a previous ban in expectation it will boost economic growth.
The entrance of Nissan's global headquarters, in Yokohama
BUSINESS
Aug 21, 2025
KKR is a front-runner in Nissan’s $610 million HQ sale
KJR Management, a Japanese real estate unit of KKR, offered around ¥90 billion ($610 million) for the 22-story office building.
Dodgers designated hitter Shohei Ohtani hits a home run against the Toronto Blue Jays at Dodger Stadium on Saturday.
BASEBALL
Aug 13, 2025
Dodgers' Shohei Ohtani sued over $240 million Hawaii development
Ohtani and his agent allegedly "exploited their celebrity leverage to destabilize and ultimately dismantle Plaintiffs' role in the project ... for financial self-interest."
In August 1950, The Japan Times reported on the canceling of Hiroshima's fifth annual peace ceremony due to the Korean War.
JAPAN / History / Japan Times Gone By
Aug 2, 2025
Japan Times 1950: Hiroshima peace festival canceled
In August 1950, the fifth anniversary of the atomic bombing of Hiroshima, the city’s annual ceremony praying for peace was canceled due to ongoing combat on the Korean Peninsula.
Hiroyuki Goto, president of GTN. The company started after Goto personally co-signed leases for around 20 non-Japanese people, including some friends and friends of friends.
BUSINESS / Companies
Jul 31, 2025
GTN takes a chance on newcomers to Japan
People said GTN President Hiroyuki Goto was "a bit crazy" guaranteeing leases for foreign residents.
Prime Minister Shigeru Ishiba delivers a campaign speech next to a Liberal Democratic Party candidate for the Upper House (top center left) in Yokohama on Sunday.
JAPAN / Politics / FOCUS
Jul 7, 2025
Foreign nationals' presence in Japan emerges as key issue in Upper House poll
In their campaign promises, parties are offering different solutions to problems caused by the record number here to visit, work and invest in real estate.
Residential buildings under construction in Shanghai in July 2022. The Chinese government risks long-term decline by repeating Japan’s policy mistakes in handling its real estate and demographic crises.
COMMENTARY / World
Jul 6, 2025
China’s housing crisis is worse than it seems
Chinese policymakers — who are facing an even more severe housing and demographic crisis than Japan —are at risk of making the same mistakes.
Xu Pengcheng (right), model Mao Yi and Nono walk along a corridor inside an abandoned hotel in Shanghai on May 24.
ASIA PACIFIC
Jul 6, 2025
China's abandoned buildings draw urban explorers despite risks
Urban exploration is growing in popularity in China, where a yearslong property sector crisis has left many cities dotted with empty buildings.
The Asaichi-dori morning market street in Wajima, Ishikawa Prefecture, was devastated by a fire following an earthquake on New Year's Day in 2024.
JAPAN
Jul 2, 2025
Noto quake-hit area sees biggest roadside land price drop
The roadside land price for a plot in the city of Wajima, Ishikawa Prefecture, plunged 16.7%, a stark contrast to a 4.5% decline in the previous year.
The plot of land in front of the Kyukyodo stationery shop in Tokyo's upscale Ginza district marked the nation's highest per-square-meter roadside land price for the 40th consecutive year.
JAPAN
Jul 1, 2025
Japan's roadside land prices rise for fourth year in a row
The plot of land in front of the Kyukyodo stationery shop in Tokyo's Ginza district had the highest per-square-meter roadside land price in the country for the 40th year in a row.
A Buddhist monk performs a ceremony for lost souls at a property which is classified as a <i>jiko bukken</i>, or a "misfortunate property" where deaths have occurred, in Kawasaki, Kanagawa Prefecture, on May 8.
JAPAN / Society
Jul 1, 2025
As property prices soar in Japan, the taint of death may not deter some buyers
Investors attracted by potential high yields increasingly do not care about a property's grim history, mostly because they are unlikely to live there themselves.
Apartment rents in the capital climbed 1.3% from a year earlier in April and May for the largest gains since 1994, government data shows.
BUSINESS / Economy
Jun 26, 2025
Tokyo rents rising at fastest pace in 30 years backs case for BOJ rate hikes
Bigger outlays for accommodation are likely to further fuel a change in inflation expectations and behavior among households of all sizes.
An undated photo supplied by a resident of an apartment complex in Tokyo's Itabashi Ward shows people who appear to be staff members offering illegal private lodging services. Their faces are blurred for privacy reasons.
JAPAN
Jun 25, 2025
Around 250 takedown requests made in fiscal 2024 over illegal private lodgings
Operators of private lodgings must notify prefectural governments of their businesses, ensure sanitary conditions and handle complaints.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’