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April 29, 2024
 

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ESTATE

Shi Tieniu, 39, sits in a room of an unfinished residential building at Gaotie Wellness City complex in Tongchuan, Shaanxi province, China.
ASIA PACIFIC / Society / FOCUS
Sep 18, 2023
Broken dreams, shattered families in China's unfinished apartments
Since the property debt crisis began in 2021, thousands of homeowners have faced tough situations as smaller developers face liquidity issues.
In a city known for sparse youth accommodation, investors are buying up hotels and converting them into student housing or rental units.
BUSINESS / Markets
Sep 14, 2023
Investors scour Hong Kong hotels for student dorms and rentals
Hong Kong’s government has launched a slew of initiatives that fuel the demand for student housing and rental properties.
Buildings in downtown Bozeman, Montana. Tech-savvy Californians who work from home are fleeing to cheaper states, while retirees and nature lovers are flocking to places like Montana.
WORLD / Society
Sep 12, 2023
Pandemic population boom in rural hotspots sparks resentment
In some places, the influx of new residents is deepening political divides in an already polarized country.
The Shiodome City Center building in Tokyo's Minato Ward
BUSINESS / Companies
Sep 6, 2023
GIC considering sale of Tokyo skyscraper for over $2 billion
The sale plans come as a glut of new office supply is expected in Tokyo over the next two years, potentially tempering investor appetite.
An air raid shelter converted into luxury apartments at Ungererstrasse 158 in Munich, Germany
BUSINESS / Economy / ANALYSIS
Sep 4, 2023
Market flop: How Germany's property boom ended
The country's property sector in Europe's largest economy is suffering its worst slump in decades.
A construction site where many tall apartment buildings have been constructed in recent years, in Parramatta, Sydney
ASIA PACIFIC / Society
Sep 1, 2023
Build up, not out: The high density housing push for Australian cities
With the construction industry struggling amid elevated costs and decade-high interest rates, housing affordability has become a thorny political issue.
The Financial Services Agency said in its annual policy guidance that overseas real estate is among the credit risks to watch this year and that it will assess major banks' "situation of loans” made in this sector.
BUSINESS
Aug 30, 2023
Japan regulator to evaluate banks’ commercial property exposure
Commercial real estate has become one of the highest-profile asset classes hit by rapid rate hikes.
Materials derived from cabbage (left), iyokan (center) and onion by Tokyo-based startup Fabula, which is working to develop new materials that can replace concrete.
ENVIRONMENT / Sustainability / OUR PLANET
Aug 27, 2023
Japan’s scrap-and-rebuild culture faces an environmental reckoning
The nation's tendency toward new construction — rather than renovation — is coming under renewed scrutiny amid concerns over sustainability.
The darkened area surrounding Lahaina shows where the fire spread on the Hawaiian island of Maui on Aug. 13.
WORLD / Society
Aug 23, 2023
After Maui wildfire residents fear land grab may threaten culture
Hawaii's Office of Consumer Protection has warned of people making below-market offers, playing on fears of foreclosure and the cost of rebuilding.
China Evergrande has sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies undergoing restructurings from creditors that hope to sue them or tie up assets in the United States.
BUSINESS / Companies
Aug 18, 2023
China Evergrande files for protection in U.S. bankruptcy court
The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructuring.
Residential buildings under construction at Tahoe Group's Cathay Courtyard development in Shanghai
BUSINESS / Economy
Aug 17, 2023
China’s housing slump is much worse than official data shows
Industry insiders and economists say China’s official home-price indexes are likely understating the depth of the downturn.
People walk along Shanghai's main shopping area on March 14. China's economic activity data has been missing forecasts, raising worries that the country is approaching a crunch point.
BUSINESS / Economy
Aug 16, 2023
As China's economy slows, economists ask how much worse it can get
The demise of the country's growth has been mistakenly forecast before. Is this time different?
Blackstone is working on more acquisitions in Japan with several bids out and properties like hotels and data centers in the pipeline.
BUSINESS / Companies
Aug 14, 2023
Blackstone eyes more Japan property after selling $4.5 billion
Real estate investments in Japan have been rosy compared to other countries, where rising costs have squeezed finances and workers have shunned offices.
A building under construction in Osaka. Singapore investors are snapping up Japanese real estate, particularly in Osaka where a large casino resort is set to open.
BUSINESS / Companies
Jul 27, 2023
Singapore property investors bet on Osaka casino
International property agent FM Investment said it has seen a fivefold increase in inquiries since Japan opened its borders in October.
Residential buildings in the Kachidoki area of Tokyo. The average unit price of newly supplied condominiums in the greater Tokyo area in the first six months of this year reached the highest level for the six-month period due to rising material and labor costs and higher land prices.
BUSINESS
Jul 21, 2023
Tokyo's new condo prices surge 60% to a record in first half of year
The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
Japan Times
BUSINESS
Jul 21, 2023
Tokyo's new condo prices surge 60% to a record in first half of year
The average price of a new apartment in central Tokyo jumped 60% to ¥129.6 million ($930,000) in the January to June period.
Japan Times
BUSINESS
Jul 12, 2023
Mitsui Fudosan displaces Mitsubishi Estate as Japan's top real estate developer
Recovering tourism, after the lifting of pandemic controls, and work-from-home habits have altered investors’ views of hotels and offices, in which Mitsui is more heavily invested.
Japan Times
BUSINESS / Economy
Jul 3, 2023
Higher land prices add to signs of Japan's post-pandemic recovery
Out of the nation's 47 prefectures, 25, including Tokyo and Osaka, observed higher average land prices.
Japan Times
BUSINESS / Economy
Jun 14, 2023
China’s property tycoons remain in charge even as empires fall
To some observers, keeping the property magnates in charge ensures that their interests remain aligned with those of bondholders.
Japan Times
COMMENTARY / World
May 29, 2023
Singapore’s high costs won’t dethrone the money center — yet
Southern Malaysia is becoming popular as Singaporean housing prices surge. The commute to Johor brings its own challenges.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Putin’s war will soon reach Russians’ tax bills
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

When trying to trace your lineage in Japan, the "koseki" is the most important form of document you'll encounter.
Climbing the branches of a Japanese family tree
By Alex K.T. Martin

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