Mitsubishi Jisho Residence is entering the building renovation and resale market with their first project in Shirokane now on sale. With a severe shortage of apartment development sites, high land prices and construction costs, developers have been turning to their attention to the resale market. Rental apartment buildings are being bought up by major developers, tenants slowly evicted, and the vacant and renovated apartments offered up for sale individually on the resale market.

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