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May 14, 2024
 

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ESTATE

BUSINESS / Companies
Aug 7, 2017
WeWork to pump $500 million into Southeast Asia and South Korea
WeWork Cos., the world's largest provider of shared work spaces, will invest $500 million in Southeast Asia and South Korea as the New York-based company steps up its expansion in global markets.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Aug 6, 2017
Reviving Japan's old shopping arcades
As everyone knows, Japan has an unmanageable surplus of vacant housing. According to the latest government surveys there are more than 8 million unoccupied houses and apartment units in Japan and that number will increase to the point where one in four or five residences will be empty by 2030.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jul 2, 2017
New law to guarantee the guarantor pays
Until the postwar growth period, the majority of Japanese rented rather than owned the places where they lived, but renters in Japan have never had much in the way of rights. Still, it is difficult to evict someone from a home they rent, even when they've been delinquent with payments. The Leased Land and House Lease Act essentially requires a landlord to go to court to carry out an eviction, which can be costly in both time and money, even when a tenant is clearly at fault.
Japan Times
BUSINESS / Companies
Jun 19, 2017
Japan Post scraps Nomura Real Estate acquisition plan after postal group's FY 2016 loss
Japan Post Holdings and Nomura Real Estate Holdings have apparently failed to agree a purchase price and other terms.
Japan Times
BUSINESS / Companies
Jun 17, 2017
Japan Post's bid for Nomura unit stalls
Japan Post Holdings will likely abandon its quest to acquire Nomura Real Estate Holdings due to conflicts over price and other conditions, sources say.
Japan Times
BUSINESS / Companies
Jun 15, 2017
U.S. pension giant sinks $1 billion into Japanese real estate market
U.S. pension giant TIAA is setting its sights on Japanese real estate, betting Abenomics has the economy well placed to grow in coming years.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jun 4, 2017
Parking the car can drive you crazy
In the 1990s when we rented an old house in Saitama Prefecture, we needed a parking space since we had a car at the time. There was none on the property and so we talked the landlord into tearing down a decrepit prefabricated storage shed that stood next to the house. He did, and then, at our own expense, we had a carport erected on the newly vacant lot.
Japan Times
BUSINESS
May 11, 2017
In financial straits, shrines turn to luxury property development
Shinto elders at the centuries-old Unesco World Heritage Site of Shimogamo Shrine upset neighbors when they bulldozed a swath of old Kyoto forest to build an apartment complex with units selling for more than $2 million apiece.
Japan Times
BUSINESS
May 8, 2017
Demand for condos slowing in Tokyo but heating up in Osaka
Demand for condominiums in Osaka is growing among family households as well as the wealthy, with the increasing supply of affordable properties a stark contrast to falling demand in central Tokyo.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Apr 30, 2017
Safety Net Law to offer new lease on life for abandoned buildings
On April 19, the Lower House of the Diet unanimously passed a revision to the Safety Net Law. The revision creates a new system that will register vacant properties with local governments and, ideally, these properties will be renovated and then rented out to low-income individuals and families who are otherwise unable to access public housing, which is currently at a premium in Japan, especially in large cities.
BUSINESS
Apr 17, 2017
China's property investment remains robust despite curbs
Real estate investment in China remained robust in the first quarter from a year earlier, official data showed Monday, as the pace of new construction quickened, despite intensified government cooling measures.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Apr 2, 2017
Temporary disaster housing has an unforeseen permanence
The 2011 Great East Japan Earthquake left 110,000 people in three prefectures without shelter. Most of these people moved into emergency evacuation centers while the authorities prepared temporary housing for them.
EDITORIALS
Mar 26, 2017
Mixed recovery in land prices
The latest data on land prices testify to the slow progress in the government's efforts to reverse the population exodus from rural to urban areas and achieve more balanced economic growth nationally.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Mar 4, 2017
Will we ever see no obstacles in our way?
Infrastructure in Japan is up to world standards in most areas, and in terms of public transportation it often surpasses those standards — but there's one field it falls way behind: utility poles and overhead cables that carry electrical power and telecommunications.
Japan Times
BUSINESS / Economy
Feb 24, 2017
Realtors say Tokyo's housing boom fading as sales to Chinese slow
Evidence is mounting that Tokyo's housing boom is nearing an end.
Japan Times
JAPAN / FOCUS
Feb 22, 2017
Abe grilled over nationalistic school operator's cheap land deal
Prime Minister Shinzo Abe and his government face continued questions in the Diet about state-owned land sold to a nationalist school operator at a big discount.
Japan Times
BUSINESS
Jan 17, 2017
Tokyo office boom fades with more space, fewer workers
Commercial property prices in Tokyo, a bellwether for the market, look to have peaked as the capital faces a glut of new offices even as the number of workers is set to decline.
Japan Times
BUSINESS / Companies
Jan 11, 2017
SoftBank's Son cedes to Murdoch as top India home, property portals merge
Indian real estate websites PropTiger.com and Housing.com are merging to create the country's top portal for residential listings and property services, as Rupert Murdoch's News Corp. boosts its investment in the growing sector while Masayoshi Son's SoftBank Group Corp. scales back.
Japan Times
JAPAN / GEARING UP FOR THE GAMES
Jan 3, 2017
Tokyo Olympics fueling expectations of an economic boom — and fear of a bubble
Third of six parts
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Dec 31, 2016
Getting too cozy to the next-door neighbors
In its Dec. 20 issue, Asahi Shimbun reported on a couple in their 60s living in Saitama City. Two years ago their neighbor installed an Eco Cute system that uses heat pump technology to heat water more efficiently and, thus, reduce electricity costs. But since the system was installed, the older couple's health has been deteriorating, mainly due to loss of sleep. Eco Cute operates only at night, when electricity costs are low, and the couple claims that their neighbor's unit emits a low frequency hum, which keeps them awake. They sued the neighbor and the manufacturer of the Eco Cute unit.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Three men rearrested over brokering of overseas prostitution
A woman speaks of her experience of being sent to Macau by an overseas prostitution broker during an interview in Tokyo's Shinjuku Ward on April 8.
Ex-METI bureaucrat given 10-year sentence for drugging and raping women
The Tokyo District Court on Monday sentenced a former industry ministry bureaucrat to 10 years in prison for drugging six women with sleeping pills and then raping or groping them in 2022.
Money stolen via online transfers up fivefold in Tokyo
Special fraud cases in Tokyo in which stolen money was sent via online banking services grew some fivefold from the previous year in 2023.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
In a rare event, the Northern Lights show up in Hokkaido
The Northern Lights in Nayoro, Hokkaido, on Saturday
Is black the new green for Japan’s flagging tea farmers?
George Guttridge-Smith brews tea at Kyoto Obubu Tea Farm in Wazuka, Kyoto Prefecture, where he serves as head of international development.
Japan's logistics firms seek partnerships to cope with driver shortage
Japan Post CEO Tetsuya Senda (right) and his Seino Transportation counterpart Satoshi Takahashi announce their companies' agreement on joint long-haul truck operations, in Tokyo on Thursday.
How the discovery of a giant sword in Nara offers clues into ancient Japan
Archaeologists say a 1,600-year-old wooden coffin at the Tomio Maruyama tumulus in the city of Nara was kept in good condition probably because it was protected by a layer of clay and copper ions that had seeped out of the mirrors that were buried together.
Unlike 10 years ago, Japan's new security bill sparks little debate
The Lower House starts discussing a security clearance bill on April 19 in Tokyo.

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