1200-person staff accommodation to be built in Niseko
To address a severe housing shortage, a Kutchan real estate company is planning to develop a 30-block estate of apartments for a 2.7-hectare site in the town.Read more
Toyota acquires office building near Tokyo Tower
Toyota Fudosan is acquiring the trust beneficiary rights to Shiba NBF Tower in central Tokyo. The tenant office building is walkable distance from three stations and six train lines.Read more
ANA Crowne Plaza Osaka to close in October
ANA Crowne Plaza Osaka, an IHG Hotel, is closing its doors on October 15, coinciding with the end of the building’s fixed-term lease.Read more
Hotelier buys historic ryokan in hot spring town
A hotelier has acquired a historic hot spring ryokan in Kyushu’s Obama onsen district with plans to restore it.Read more
Resort operator wins bid for Tomonoura island hotel
Fukuyama City in Hiroshima has selected Hoshino Resorts as the operator of a luxury hotel planned for a beachfront site. This will be the operator’s first foray into Hiroshima Prefecture.Read more
Greater Tokyo’s population sees net increase for 29th year in a row
Greater Tokyo (Tokyo, Saitama, Chiba, and Kanagawa prefectures) saw a net inflow of 135,843 residents in 2024, up 7.4% from 2023’s figures and the 29th year in a row to see a net increase. In Tokyo’s 23 wards, the net inflow in 2024 was 58,804 residents, up 9.1% from 2023 and the third year in a row to see an increase.Read more
Mitsubishi opens Hmlet-branded co-living apartment building in Ikebukuro
In December, Mitsubishi Jisho Residence opened a 28-room co-living rental apartment building operated by Hmlet Japan.Read more