Tag - estate

 
 

ESTATE

Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jan 2, 2015
Property borders: Where to draw the line
Some years ago we lived in western Kawasaki, Kanagawa Prefecture, in a neighborhood that clung to the contours of a hilly terrain. Many of the streets were just dirt and gravel, even though the area was fully developed. Neighbors told us that they had been trying to get the local government to pave these roads, but the work never proceeded because the authorities claimed they couldn't gain permission from the owners of some of the adjacent plots. Any roadwork ran the risk of intruding on private property, so nothing was ever done.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Dec 5, 2014
What's really behind the drop in home sales?
Thanks to the upcoming snap election, which is being called a referendum for the government's economic policies, everyone is aware that Japan's GDP has worsened since the consumption tax was raised last April. A large portion of this drop is being attributed to declining sales of new houses and condominiums.
Japan Times
BUSINESS / Companies
Nov 21, 2014
Blackstone to acquire GE Japan's apartment unit for $1.61 billion
Blackstone Group LP agreed to buy GE Japan Corp.'s residential property business for more than ¥190 billion to expand its apartment holdings in Japan.
Japan Times
JAPAN
Nov 17, 2014
City plans park for estate of Yoko Ono grandfather
Alarmed by an investment proposal by a developer, the city of Yanagawa, Fukuoka Prefecture, has decided to purchase and turn into a public park an estate of Eijiro Ono, grandfather of artist Yoko Ono and former president of the Industrial Bank of Japan, the predecessor of Mizuho Bank.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 31, 2014
Homeowners resume debate on renewables
In September, Kyushu Electric Power announced it would stop buying energy from solar-power suppliers due to over-supply and a lack of transmission capacity, setting off a debate about Japan's dedication to renewable energy. While the decision to halt purchases of solar energy from any supplier whose capacity is more than 50kW doesn't affect home solar systems, homeowners will be affected sooner or later.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Oct 3, 2014
Inheritance tax in Japan may not be the burden you imagined
With the government cutting corporate tax, it needs even more revenue to make up for its already alarming fiscal shortfall. So far the media has fixated on consumption tax, which tends to be more punishingly felt by the average person than any other sort of tax.
BUSINESS / Economy
Sep 18, 2014
Land prices rebound in Tokyo, Osaka, Nagoya but continue nationwide slide
Residential land prices in the Tokyo, Osaka and Nagoya areas posted their first rise in six years in the year to July 1, while prices for commercial land in three largest metropolitan regions also rose on average, the government said Thursday.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Sep 5, 2014
Can Japan level its problem with vacant buildings?
On July 29, the Ministry of Internal Affairs and Communications released the results of its latest survey on Japanese housing, which it completed last fall and conducts every five years. The statistic that caught the media's attention was the one for akiya, or vacant homes. As of the end of October 2013, 13.5 percent of all housing units in Japan were empty, which is 0.4 percentage points higher than the portion in 2008, the last time the survey was carried out.
BUSINESS
Aug 12, 2014
Mori Building sells debt to fund projects in run-up to Olympics
Mori Building Co. sold its longest bond ever as Japan's biggest closely held developer plans ¥1 trillion ($9.8 billion) in projects in the decade that will include the 2020 Tokyo Olympics.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Aug 1, 2014
Ticking the right tax boxes
In most places in the world, property taxes, which are levied on buildings and land, are administered and collected by local governments for the benefit of local governments. This is also true in Japan, but it's useful to keep in mind that property tax rules and regulations are determined by the central government.
JAPAN
Jul 16, 2014
Mitsubishi Estate to tap Otemachi for new hot spring facility
Tourists and local residents in the Otemachi business district will soon be able to enjoy a natural hot spring bath in the heart of Tokyo, after real-estate giant Mitsubishi Estate Co. confirmed Tuesday it had successfully tapped a hot spring source and would proceed with plans to build a bathing facility.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jul 4, 2014
When should we make noise about loud neighbors?
In August 1974, a 46-year-old man living on the fourth floor of a public apartment building in Hiratsuka, Kanagawa Prefecture, forced his way into the unit below him and killed two little girls and their mother. After attempting suicide he was arrested, and he told police he had been driven to murder by his neighbors' piano playing. Despite his earlier complaints to his neighbors, they continued to use the instrument. On a door in the family's apartment, he scrawled, "There was no apology."
Japan Times
BUSINESS / Companies
Jun 4, 2014
Mori eyes ¥1 trillion in projects ahead of Games
Mori Building Co., Japan's largest closely held developer, is planning projects in central Tokyo worth an estimated ¥1 trillion with its partners, as the city prepares for the Olympic Games in 2020.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Jun 2, 2014
Generation gaps filled by brick and mortar
Though their numbers have dwindled in the developed world over the past century, multi-generation households are still common, and in fact may become even more common in countries where income gaps are increasing. In Japan, multi-generation households have social relevance owing to cultural norms, the Justice Ministry's Civil Code and relative high cost of land, but there are fewer than there used to be.
Japan Times
BUSINESS / Companies
May 28, 2014
Mitsui Fudosan plans big share issue on Olympics
Mitsui Fudosan Co. plans to raise as much as ¥324.6 billion in the biggest share sale by a property company in Japan in at least four decades.
BUSINESS / Companies
May 8, 2014
Mitsubishi Estate turns first profit in three years
Mitsubishi Estate Co. said Thursday that full-year earnings rose for the first time in three years as profit margins at its residential business improved and office rents recovered.
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
May 5, 2014
Money that must go down the pan
In almost all of Japan's major cities, close to 100 percent of the population are connected to public sewerage systems, but the farther away from cities you get the more the number drops. Tokushima Prefecture is the lowest, at 16.3 percent.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
May 3, 2014
Empress-Dowager Shoken laid to rest; crackdown in Shanghai's foreign quarters; Olympic preparations; Lebanese businessman Japan's top tax-payer
One of the notable landmarks in the modern history of Japan was the funeral ceremony held Saturday night for Her Majesty, the late Empress-Dowager (Shoken, empress consort of Emperor Meiji), who passed away on April 9.
Japan Times
BUSINESS / Companies
Apr 15, 2014
Orix foresees spending $1.5 billion on takeovers over next 12 months
Orix Corp., Japan's most acquisitive financial firm, plans to spend ¥150 billion on takeovers around the world in the next 12 months, President Makoto Inoue said.
Japan Times
JAPAN
Apr 10, 2014
Korean buys on Tsushima rouse rightists' fears
South Korean businesses are increasingly acquiring real estate around the Maritime Self-Defense Force's base on Tsushima Island, arousing speculation that some of the purchases are related to espionage by Seoul.

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