Properties we sourced in November
These are some of the off-market properties we sourced for our clients last month. A couple of places we looked at back in October have already sold.Read more
Tokyo's luxury real estate market is even cheaper now
Luxury housing in Tokyo still remains the cheapest amongst the top global cities by a long shot, and it has only become cheaper as the year progresses.Read more
Historic Gakushi Kaikan to be partially demolished
Demolition of half of the historic Gakushi Kaikan (学士会館) will start in 2025. The property was built in the 1920s and 1930s as club facilities for graduates of several national universities, and registered as a National Tangible Cultural Property in 2003.Read more
Tokyo skyscraper to have 1000kW solar panel facade
A 230-meter tall skyscraper in central Tokyo will be the first high-rise in the world to incorporate a large-scale perovskite solar cell (PSC).Read more
Banyan Tree hotel to open in Hakuba
In an interesting shift in plans, Banyan Tree’s first ski resort hotel in Japan will now be located in Hakuba instead of Niseko. A 156-room hotel across six buildings is planned for a 33,000 sqm site adjoining the Happo-One ski slopes in Hakuba, with opening tentatively scheduled for 2026.Read more
Luxury hotel for Tottori Sand Dunes
In 2026, Marriott International will open a The Luxury Collection-branded hotel near the Tottori Sand Dunes alongside the Sea of Japan.Read more
Office vacancy rate in Tokyo hits 33-month low
The office vacancy rate for existing buildings in central Tokyo’s five business districts reached a 33-month low in October. According to office brokerage Miki Shoji, the vacancy rate was 5.36%, down 0.71 points from last year and the 16th month in a row to record a year-on-year decrease. During the month, around 4,000 tsubo (13,220 sqm or 142,000 sq.ft) of space was absorbed thanks to some large-scale leases.Read more