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By Adam German
March 13th, 2012
Editor’s Note: Real Estate Japan K.K. does not endorse the views expressed in any of the articles and the opinions expressed are solely those of the authors and publications included below. The links below are purely for informational purposes only.
This is a weekly news summary taken from Real Estate Japan’s Twitter feed. If you’d like to see these articles as they go online throughout the week, follow us on Twitter at “Real Estate Nihon”.
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A Japanese company has devised an ingenious method of protecting buildings from the violent shaking of an earthquake, fitting homes with giant airbags that enable them to “float” through the tremors. Air Danshin Systems Inc is presently fitting the device to around 100 properties across the country, according to Hiroshi Hosoda, a spokesman for the firm, The Telegraph reports. Click here to continue reading.
The house stood out among its neighbors: not because of its box shape or the tall ham-radio tower planted in the parking space, but because of its bold two-tone exterior of wine red interrupted by sections of gray. The company that built it keeps costs down by not erecting model homes, so the salesman brought us to the recently finished building in central Chiba Prefecture, which was already occupied. The young couple were happy to show off their new purchase, and while the all-wood interior was the construction’s main selling point, it was the outside that made the biggest impression. Looking closer, we discovered it was corrugated metal. Click here to continue reading.
Global Logistic Properties Ltd. (GLP), a unit of the Government of Singapore Investment Corp., is preparing an initial public offering of its Japanese warehouse assets that may raise about $1 billion, said three people with knowledge of the matter. Click here to continue reading.
The following is the eighth instalment in the “Creative use of land” section of a series of articles examining ways to restore Japan’s vitality. This article looks at problems concerning the nation’s commercial ports. Click here to continue reading.
The Bank of Japan is seeing brighter signs in the Japanese economy, as the effects of reconstruction demand kick in a year after a huge earthquake devastated the country’s northeast, and next week will likely extend its lending facility for growth-sector companies to keep up the momentum. Click here to continue reading.
Japan Prime Realty Investment Corp.’s (J-REIT) planned $445 million downtown Tokyo land purchase for an under-construction office tower has gotten the attention of Standard & Poor’s Ratings Services (World Property Channel reported the deal March 1st) The transaction is scheduled to close March 12. Click here to continue reading.
Tokyo’s preparedness for dealing with a major earthquake after last year’s record temblor in northeast Japan that left more than 19,000 dead or missing may not significantly cut deaths or damage, says Kazuchika Asano, who has studied the city’s emergency procedures for two decades. Click here to continue reading.
Standing before fellow lawmakers in a recent appearance, Prime Minister Yoshihiko Noda urged on Japan’s “rebirth” in much the same way the nation rebuilt from the “burning fields” of a war-torn land more than 60 years ago. Click here to continue reading.
Considerable attention has been devoted to the threat seemingly posed by the growth of China’s power and influence. It seems like every week the country is marking some new “first” in its military modernization program, all of which are said to be underwritten by a desire to become the pre-eminent power in Asia. Click here to continue reading.
Last October, beachcombers from Oregon to Alaska began noticing a startling number of bulbous, buoyant objects, as smooth and symmetrical as the seeds of some strange and massive fruit, washing up on their shores. They were black, orange, white, and, in rare cases, bore a foreign script scrawled onto their hard surfaces. The beachcombers knew these to be ﬁshing buoys, likely of Japanese origin. They had seen similar ﬂotsam before, though never in such numbers; in many of these new cases, the sea was tossing them up onto remote beaches in bunches—two black, three white—like clustering atoms. Click here to continue reading.
Sydney’s newest suburb now has its first master-planned community called The Hermitage. Situated on a 260-hectare site that once featured El Caballo Blanco, a well known theme park, the Hermitage is the creation of one of Japan’s most celebrated developers, Sekisui House. Click here continue reading.
Nomura Real Estate Holdings Inc. (3231), which set up Japan’s first private real estate investment trust, is set to complete acquisitions that will double the size of its REIT after a six-month delay following the earthquake last year. Click here to continue reading.
Uniqlo, the Japanese T-shirt maker, wanted to change its image, which was seen as drab in its homeland. Part of the solution: recreating the sheen of its New York Fifth Avenue store in Tokyo’s most expensive fashion district — rebranding from the outside in. Click here to continue reading.
Chikako Abe’s desk is decorated with flowers and candy at her school in Minamisoma, a reminder of a 17-year-old life cut short a year ago. Instead of attending a graduation ceremony this month, her family will pray tomorrow at the ruins of a house where the sea snatched away the lives of Chikako, her father and two grandparents. Click here to continue reading.
Japan, a year after a disastrous earthquake and tsunami, has seen recovery stall in the cleanup stage. Architects are ahead of the government in planning. Click here to continue reading.
The tsunami that knocked out critical back-up cooling power at the Fukushima Daiichi nuclear power plant on March 11, 2011, is still, in a sense, rolling over Japan’s energy system. Click here to continue reading.
It’s still very hush-hush but knowledgeable sources on the street are speculating Global Logistic Properties Ltd. (GLP) plans to announce a $1 billion initial public offering in Tokyo on its Japanese warehouse properties. Click here to continue reading.
Sotheby’s International Realty Affiliates LLC today announced its luxury real estate services are now available across Vietnam’s Central Coast with the opening of Vietnam Sotheby’s International Realty’s second office, located at the Montgomerie Links Golf Course in the Quang Nam Province. Click here to continue reading.
Photo Credit: Marcus Tièschky via Wikimedia Commons
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