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April 25, 2025
 

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REAL ESTATE

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.
Brookfield Asset Management has bought a stake in Gajoen, a mixed-use luxury complex in Tokyo, and plans to ramp up real estate investments in Japan.
BUSINESS
Jan 27, 2025
Brookfield seeks to buy more property in Japan after $1.6 billion in deals
There has been a trend of increased foreign investor activity in Japanese real estate in recent years, buoyed by the weak yen and cheap financing.
Hong Kong's commercial real estate sector is going through one of its worst slumps in history.
BUSINESS / Markets
Jan 27, 2025
Hong Kong’s property distress is catching up with city’s banks
Banks with soured loans and mortgages have been reluctant to sell the underlying real estate assets at a loss — but that is changing.
The number of new units for sale in the Tokyo metropolitan area fell 14.4% last year to a record low.
BUSINESS / Economy
Jan 23, 2025
Tokyo apartment prices retreat in 2024 as market calms
The decrease — the first in six years — came after prices rose nearly 30% to a record high in 2023 when several luxury condos went up for sale.
Mori Building has been offering yoga and body stretch programs in the shared common space of its Azabudai Hills complex in Tokyo's Minato Ward for workers of tenant firms.
JAPAN / Society
Jan 15, 2025
Realtors offer healthy options for office workers of tenant firms
Many companies have learned that preparing a workplace environment in which their employees can stay healthy is key to securing talent.
A Ministry of Land, Infrastructure, Transport and Tourism official explains a new system for detecting vacant houses, on Dec. 23.
JAPAN
Jan 12, 2025
Government developing AI-based system to detect vacant houses
The aim of the system is to spot such properties at an early stage and make them available for sale or rent, or demolish them before they collapse.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Japan must correct Trump’s false data for trade talks, says Kono
Former Foreign Minister Taro Kono
Japan wants to 'separate' tariff and security issues. That may be tough.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.
By Tomoko Otake

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones
Tsukuba massif granite, one of the world’s few heritage stones

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