Selected news and information on the Japanese property market

New apartments in 2013

The latest central Tokyo condominium apartments that are due to hit the market in 2013. Which ones have sold out prior to completion?

Dodgy dealings continue at TSK-CCC site

A US-based fund is claiming Sumitomo bought the Roppongi development site illegally.

What's up with Azabudai Parkhouse?

Sales in the luxury condominium adjoining the Tokyo American Club were cancelled in July without explanation.

Dai-ichi Life Insurance sells head office in Oi Town

On March 22, 2012 · Leave a Comment

The Dai-ichi Life Insurance Company sold their head office building in Oi Town, Kanagawa, to coffee and tea mail-order company Brooks Holdings for 2 billion Yen (25 million USD) this month.

The sale includes the 600,000 sqm block of land and an 18 story building with a total floorspace of 85,000 sqm. The land is valued at 28.2 billion Yen (352.5 million USD). The building was completed in 1967.

Source: The Kanagawa Shimbun, February 14, 2012.