Tag - real-estate

 
 

REAL ESTATE

Sales of luxury properties in Tokyo, like Azabudai Hills’ Aman Residences, have pushed up average real estate prices in the capital.
BUSINESS / Companies
May 27, 2025
Luxury Tokyo penthouse sold for over $65 million in new record
Home prices in Tokyo have been on a broad upward trend, driven by rising construction costs and a limited supply of new buildings.
Despite the stereotypes, Japan is one of the most permissive places for non-residents to buy property.
COMMENTARY
May 27, 2025
It’s too easy for foreigners to buy Japanese property
Foreign buyers are driving up Tokyo housing prices amid Japan’s lack of property restrictions, sparking calls for tighter rules to protect residents and limit speculation.
China’s prolonged real estate slump has pushed housing construction back to early 2000s levels, sharply cutting cement production and offering a rare climate reprieve from one of the world’s biggest sources of carbon emissions.
COMMENTARY / World
May 21, 2025
China’s building crash is rewinding 22 years of growth
The real estate slump may be bad for the economy, but it’s good for the planet — cement is one of the most polluting substances on Earth.
A vacant house in Wajima, Ishikawa Prefecture, which collapsed following the January 2024 earthquake, is left untouched on May 12 as its owner cannot be identified. The car's license plate has been blurred for privacy reasons.
JAPAN
May 19, 2025
Noto municipalities struggle with quake-damaged vacant houses
There are at least 47 damaged houses whose owners are unclear in Wajima, and at least 35 in the city of Nanao.
Apartments in the district of Miyazato in Nago, Okinawa Prefecture, where many students live
JAPAN / Regional Voices: Okinawa
May 12, 2025
Rents soar in northern Okinawa ahead of Junglia theme park opening
While large-scale hiring may help to revitalize the area, it is also creating a housing supply shortage, affecting students and others who are moving in.
Orbis Investment Management bought shares of Mitsubishi Estate over the past months on the view that inflation will lift revenue as the domestic real estate sector remains attractive.
BUSINESS / Companies
Apr 22, 2025
Top Japan fund adds Mitsubishi Estate shares on cheap valuations
The return of inflation in Japan has lured overseas investors to the nation’s real estate market and property developer shares.
In the 12 months to March 31, the average price of new condominiums in Tokyo's 23 wards rose 11.2% year on year to ¥116.32 million ($824,500), hitting a record high for the fourth consecutive year.
BUSINESS / Economy
Apr 22, 2025
Central Tokyo condo price tops ¥100 million for second straight year
Prices averaged ¥116.32 million ($824,500) in fiscal 2024, up 11.2% from the previous year.
Japanese companies have faced pressure from the Tokyo Stock Exchange and investors to offload noncore assets such as real estate to use capital more efficiently.
BUSINESS
Apr 15, 2025
Nomura said to sell Tokyo building to real estate affiliate
The buyer, Nomura Real Estate Holdings, plans to demolish the building and develop luxury condominiums on the site.
Temporary housing for Noto Peninsula earthquake evacuees in Nanao, Ishikawa Prefecture, on Thursday
JAPAN / Society
Apr 13, 2025
Over 70% of Noto evacuees concerned about housing
One woman in her 60s in the city of Nanao complained about soaring construction costs as her house is being rebuilt.
Customers line up patiently for some early-afternoon baked goods outside Truffle, which is located close to Hiroo Station on the Hibiya Line.
COMMUNITY / Issues / The Foreign Element
Apr 13, 2025
How to spend the perfect day in Hiroo, Tokyo’s expat enclave
A stroll through Hiroo reveals both the comforts of expat luxury and the quiet intrusions of a changing Tokyo.
Hong Kong's real estate sector is slumping, putting the government's development plans at risk and signaling a wider economic malaise that may become a spanner in the works of Beijing's plans to transform the territory's economy.
COMMENTARY / World / Geoeconomic Briefing
Apr 7, 2025
Will China succeed in remaking Hong Kong in its own image?
Beijing can control Hong Kong politically, but to impose its economic vision on the territory it needs businesses to get on board as these face an economic and real estate plunge.
Former Prime Minister Taro Aso has the most assets among Lower House members, at ¥601.53 million ($4.1 million), according to a Jiji Press tally of asset reports filed after the general election in October last year.
JAPAN / Politics
Apr 7, 2025
Lower House members' assets hit record low: Jiji
The decrease reflects the retirement or electoral defeat of major asset holders in last year's general election, and the debut of new lawmakers.
Takashi Murata, head of Japan at Warburg Pincus in Tokyo, says the private-equity firm is confident about market growth in Tokyo despite the overall depopulation of Japan.
BUSINESS / Companies
Apr 2, 2025
Warburg purchases Tokyo rental houses and plans Japan office
The New York-based private equity firm said it acquired a portfolio of 1,195 shared rental houses in the greater Tokyo area.
Japan has become one of the biggest markets for activist investors, with the government and institutions such as the Tokyo Stock Exchange pushing companies to pay more attention to stock prices and shareholder returns.
BUSINESS / Companies
Mar 24, 2025
Elliott said to have built up significant stake in Sumitomo Realty
The size of the stake in isn’t known but the activist investor has engaged with the Tokyo-based real estate developer on measures to improve shareholder value, sources say.
A crowd of tourists at Nishiki Market in the city of Kyoto. Gains in land prices have been helped by a surge in inbound tourism, which has boosted demand for hotels and shops.
BUSINESS / Economy
Mar 18, 2025
Japan's land prices rise at strongest pace in 34 years, government survey shows
Data shows recovery spreading to regional areas, thanks to sustained economic growth, in the latest sign of a pickup in the property market.
The building of new high-rise residential buildings has some alarmed that they could empty and fall into disrepair as Japan's population shrinks.
JAPAN / Society / Longform
Feb 24, 2025
The high cost of letting Japan's condos crumble
With rising repair costs, dwindling reserve funds and an aging population of owners, thousands of buildings are at risk of falling into disrepair.
Minor Hotels and Royal Holdings executives explain their joint venture at a news conference last week in Tokyo.
BUSINESS / Companies
Feb 17, 2025
Thailand's Minor Hotels entering Japanese market with Royal Holdings JV
The 50-50 joint venture aims to have 21 hotels in Japan by 2035.
Construction workers in Pasadena, California, on Tuesday. The U.S. could lose millions of workers in the construction industry if President Donald Trump carries through on his campaign of mass deportations, with workers in agriculture, bars and restaurants also at risk.
WORLD / Crime & Legal
Feb 12, 2025
Trump deportations send construction workers 'back to the shadows'
Such a response could worsen a labor shortage that already threatens to delay homebuilding and exacerbate a housing affordability crisis.
The Hyatt Regency hotel in Tokyo's Shinjuku Ward
BUSINESS / Companies
Feb 3, 2025
KKR and Gaw look to sell Tokyo Hyatt Regency for over ¥100 billion
The two investment firms bought the hotel in the Shinjuku area for an estimated ¥60 billion less than two years ago.
A worker drives past residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern China's Zhejiang province. The indebted Chinese property developer warned on Monday that it incurred major losses in 2024, a filing at the Hong Kong Stock Exchange showed.
BUSINESS / Companies
Jan 28, 2025
Rare China support shows Vanke may be too big to fail
The unusual support shows that Vanke holds a special place within China’s moribund property sector.

Longform

After the asset-price bubble crash of the early 1990s, employment at a Japanese company was no longer necessarily for life. As a result, a new generation is less willing to endure a toxic work culture —life’s too short, after all.
How Japan's youth are slowly changing the country's work ethic