The Chinese Government has purchased a 5677 sqm block of land in Minamiazabu. The Japanese Foreign Minister, Takeaki Matsumoto, said there is no reason for the Government to oppose the purchase.

The land was put up for sale by open tender by the Federation of National Public Service Personnel Mutual Aid Associations (KKR). It is thought that China paid 6 billion Yen (78 million USD) for the site.


This content is available to paid subscribers only.

Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,100 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.

To join our paid subscription service and access over 3,100 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.