Real Estate Japan News Summary for the Week of March 19th, 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”.
Let’s get started:
MLT acquires seven logistics facilities in Japan (via Channel News Asia)
Mapletree Logistics Trust (MLT) said it has acquired seven logistics facilities in Japan for JPY 17.5 billion or about S$292 million. Click here to continue reading.
S&P Releases Rankings Of Rated Asia-Pacific Property Developer (via Reuters)
Standard & Poor’s Ratings Services has released its latest rankings of rated Asia-Pacific real estate developers. The rankings, outlined in a report titled “Asia-Pacific Property Developers, Strongest To Weakest”, highlight the growing financial pressure on Chinese developers in particular. Click here to continue reading.
Nikkei edges above 10,000 points, real estate leads (via Reuters)
Japan’s Nikkei average gained on Tuesday, once again nosing above the 10,000-point level, supported by defensive buying as market participants looked for signs of further easing from the Bank of Japan and held off major buying ahead of the U.S. Federal Reserve meeting later in the day. Click here to continue reading.
Japan’s Visionary Real Estate Billionaire Minoru Mori Dies (via Forbes)
Longtime Japanese billionaire Minoru Mori passed away last Thursday, March 8th, of heart failure at the age of 77, according to a statement from his Mori Building Company. Click here to continue reading.
Singapore real estate investment trust buys 7 Japan warehouses (via The Mainichi Daily)
A Singapore real estate investment trust said Monday it has acquired seven warehouse properties in Japan, reflecting expectations of rising demand for such facilities following last year’s earthquake and tsunami disaster. Click here to continue reading.
How Entrepreneurs Created the Great Boom That Made Modern Japan (via Forbes)
In less than two generations, during the late 19th century, Japan transformed itself from a medieval backwater to a dynamic modern economy. They did it with comparatively little outside capital, public or private. It’s probably fair to say that Japan was more successful than any of the nations that, decades later, received government-to-government assistance through the Marshall Plan, the World Bank or the International Monetary Fund. Click here to continue reading.
Mitsubishi Estate to Expand Private REIT for Pension Demand (via Bloomberg)
Mitsubishi Estate Co. (8802), Japan’s largest developer by market value, plans to increase the size of a private real estate investment trust it manages to capture investments from pension funds seeking to diversify assets. Click here to continue reading.
Kenedix Said to Plan $480 Million IPO of Tokyo Properties REIT (via Bloomberg)
Kenedix Inc. (4321), a Japanese real estate investment company, plans to raise as much as 40 billion yen ($480 million) in an initial public offering of its residential assets, said two people with knowledge of the deal. Click here to continue reading.
Japanese Investors Gamble on Niche Property Markets of Vietnam (via World Property Channel)
Real estate in Vietnam never has been a hot market for most Asia-Pacific investors. Players from Singapore and South Korea used to be the most visible property investors in Hanoi and Ho Chi Minh City. That’s changing now that Japanese money men are starting to enter Vietnamese markets. Click here to continue reading.
Japan: Why Inflation Rather Than Deflation Can Save The Economy (via International Business Times)
Japan is unlikely to be a fast growing economy and should continue to see its share of global output decline. Japanese policymakers made many policy mistakes over the past two decades and there are no guarantees that will not continue. However this ignores the fact that many of these negatives have to a large degree been priced in. What has not been priced in is Japanese policy makers finally taking aggressive steps to tackle deflation, the epicentre of Japan’s economic and market woes. Click here to continue reading.
Tokyo Apartments For Sale | Tokyo Apartments For Rent | Real Estate Japan




