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Japan’s Four Top RE Firms Report Sales Drops in 2011
The March 2011 earthquake and tsunami that hit Japan caused industries to suffer and hit the ground with massive declines in sales and profit. Four out of five major real estate brokers in the country have reported poor sales for ... Continue ›
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Smith on Deflation in Japan: It’s Not Always a Bad Thing
Nicholas Smith, economist at CLSA Asia-Pacific Markets Ltd. in Tokyo, has shared his thoughts on Japan’s deflation in his recent report titled “Does Deflation Even Matter?” which is the total opposite of the argu ... Continue ›
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Mitsui Fudosan’s Real Estate Expansion Extends to Europe for $6.1B
Mitsui Fudosan laid out its plans to expand its presence in Europe, setting sights on London’s strong real estate with a budget of 500 billion yen or $6.1B. Hideto Yamada, head of Mitsui’s European operations, told the ... Continue ›
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Bank of Japan’s Purchase of Stock ETFs Fails to Prevent Heavy Market Drop
The Bank of Japan spent 39.7 billion yen buying stock exchange-traded funds (ETFs) as part of its ongoing asset-purchase program. This made the bank’s largest single-day purchase of ETFs to date, breaking the 28.5 billion ye ... Continue ›
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Recent survey on foreign ownership of forestry in Japan
A survey by the Yomiuri Shimbun has found that foreigners hold as much as 1103 hectares (11.03 million sqm) of forestry in Japan. This number, however, is thought to represent just the tip of the iceberg as there are many cases of ... Continue ›
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Mitsubishi Estate’s Profit Decreases 12% on Lower Rental Income
Japan’s second-biggest developer, Mitsubishi Estate Co., reported a 12% decline in its net profit in the fiscal year that ended March 31. This was believed to have been caused by the declining rental income and a drop in apa ... Continue ›
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Real Estate Japan News Summary for the Week of May 7th, 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 inf ... Continue ›
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Sales in Harumi Towers off to a good start
Sales of apartments in Mitsubishi Jisho and Kajima Corporation’s latest waterfront development project, The Park House Harumi Towers Krono Residence, are off to a good start this month with 288 of the 320 apartments initially avai ... Continue ›
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Real Estate Japan News Summary for the Week of April 23rd, 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 inf ... Continue ›
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Real Estate Japan News Summary for the Week of April 16th, 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 inf ... Continue ›
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