MUJI converts 100-yr old farmhouse into holiday rental
August 11, 2023Historic Properties,Real Estate News,Vacation Homes,Traditional Japanese ArchitectureTraditional Japanese House,Japan kominka,All,Chiba Prefecture
Home goods retailer MUJI’s operating company Ryohin Keikaku has converted a traditional kominka farmhouse into a short-term stay. Muji Base Kamogawa is the first of the Muji Base-branded accommodations targeting vacant ‘akiya’ and can be found on AirBnb.Read more
Aldo Rossi-designed hotel sold
August 9, 2023Real Estate News,All,Osaka,Hotel NewsJapan Hotel News
A long-closed Aldo Rossi-designed hotel in Osaka has been sold. According to the Nikkei Real Estate Market Report, Sumitomo Mitsui Trust Panasonic Finance acquired the closed hotel late last year.Read more
TSMC building rental housing in Kumamoto
August 7, 2023Real Estate News,AllKumamoto
Taiwan Semiconductor Manufacturing Co. (TSMC) is developing staff housing in Kumamoto Prefecture in preparation for the expansion of its factory operations. With its plant expected to open in December 2024, the company is expecting to bring in 600 people, including staff and their families.Read more
MUJI to sell Ikebukuro head office
August 4, 2023Office/Retail News & Information,Real Estate News,All,TokyoJapan Real Estate News,Tokyo Real Estate News
On July 26, the operator of home goods retailer MUJI announced the planned sale of its head office building in Ikebukuro. The company, Ryohin Keikaku, did not comment on the scale of the profit from the sale.Read more
Larger apartments seeing greater rent increases than smaller studios
August 2, 2023Real Estate News,Rental Market,Market Information,japan real estate market,AllTokyo,Tokyo real estate market,Japan Real Estate News,Tokyo Real Estate News
Changes in rental prices in greater Tokyo are not uniform, with larger apartments now outperforming smaller, single-occupant housing. This is happening for a few reasons.Read more
Semiconductor manufacturer expanding land acquisitions in Kumamoto
July 31, 2023Land,Real Estate News,Market Information,AllJapan Real Estate News,Kumamoto Prefecture,Kyushu Real Estate News,Kyushu Real Estate
Japan Advanced Semiconductor Manufacturing (JASM), a subsidiary of Taiwan Semiconductor Manufacturing Co. (TSMC), is acquiring more land adjoining its semiconductor factory currently under construction in Kumamoto, according to TBS News.Read more
51-yr old building in Tsukiji transacts for high price
July 28, 2023Office/Retail News & Information,Real Estate News,Market Information,All,Commercial Real Estate,TokyoTokyo real estate market,Tsukiji Real Estate,Japan Real Estate News,Tokyo Real Estate News,Tsukiji Real Estate Market
A developer has paid an assumed 17.5 billion Yen (US$125 million) for a 51-year old office building in Tsukiji. The new owner plans to demolish the Shin Hanwa Building and redevelop the site.Read more
Same-day sell out in Harumi Flag high-rises
July 26, 2023Real Estate News,Market Information,japan real estate market,All,TokyoTokyo 2020 Olympics,Tokyo real estate market,Harumi Flag,Japan Real Estate News,Tokyo Real Estate News
Apartments in the two high-rise towers in Harumi Flag went on sale earlier this month. A total of 8,790 purchase applications were made on the 573 apartments released for sale, with an average of 15.3 applications per apartment. Lucky buyers were selected via a raffle system.Read more
Invincible to acquire six hotels for 57 billion Yen
July 24, 2023Real Estate News,japan real estate market,AllHotel News,Japan Hotel News,Japan Real Estate News
Invincible Investment Corporation is acquiring six hotels and resorts across Japan for 57.23 billion Yen (US$410.5 million). The hotels contain a total of 1,027 rooms, and provide an estimated NOI of 5.9%.Read more
Two buildings to be redeveloped in Akasaka
July 21, 2023Demolition,Real Estate News,All
Sekisui House has emerged as the buyer of an approximate 70% share in two properties in Akasaka. The seller was JDC Corporation.Read more