The 50-50 joint venture aims to have 21 hotels in Japan by 2035. Read more
Such a response could worsen a labor shortage that already threatens to delay homebuilding and exacerbate a housing affordability crisis. Read more
The two investment firms bought the hotel in the Shinjuku area for an estimated ¥60 billion less than two years ago. Read more
The unusual support shows that Vanke holds a special place within China’s moribund property sector. Read more
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. Read more
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. Read more
Wages are not keeping up with rising costs, resulting in developers focusing on the higher end of the market. Read more
The planned fund will provide necessary financial aid for private businesses to develop affordable housing. Read more
The Tokyo District Court ruled that the defendants knew they were engaging in a fraudulent scheme in their dealings with Sekisui House. Read more
The days of making large profits from property in Tokyo may be over Read more
