MLIT proposes guidelines for stigmatized properties

The Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) is seeking feedback from the public on proposed guidelines that will cover how stigmatized properties should be treated in real estate transactions. In other words, under what conditions a real estate agent should be obligated to inform a buyer or tenant of a past death or other unpleasant occurrences in a property.

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Imperial Hotel confirms Kyoto project

On May 12, the Imperial Hotel officially released plans for their luxury hotel project in Kyoto’s Gion district. This will be the fourth Imperial Hotel in Japan and the newest in almost three decades. It is also expected to be the most expensive of their hotels, with a level of service matching that of the Imperial Floors in their Tokyo hotel.

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Pandemic hasn’t slowed luxury hotel projects in Kyoto

The Four Seasons Hotel Residences Kyoto

Despite tourism being on hold, luxury hotel brands continue to push ahead with developments in the historic city of Kyoto. Various heritage protection bylaws, a planned tax on holiday homes, and even a global pandemic are not enough to slow investor demand from funds and wealthy buyers both domestically and abroad.

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