New condo for Kita Aoyama
March 8, 2023Japan Real Estate News,Tokyo Real Estate NewsNew Construction,Real Estate News,All,Tokyo
Next month, construction will start on a new condo project in the Kita Aoyama address. The site is located behind Gaienmae Station and near the Olympic Stadium.
Tokyo Apartment Sales in February 2023
March 7, 2023japan real estate market,tokyo real estate,Tokyo apartment prices,Tokyo real estate market,Japan Real Estate News,Tokyo Real Estate NewsReal Estate News,Market Information,All,Tokyo
The following is a selection of apartments that were reported to have sold in central Tokyo during the month of February 2023:
Tokyu Plaza Ginza sold
March 6, 2023japan real estate market,Ginza Real Estate,Tokyo real estate market,Japan Real Estate News,Tokyo Real Estate News,Ginza Real Estate Market,Ginza Real Estate NewsOffice/Retail News & Information,Real Estate News,All,Commercial Real Estate,Tokyo
On March 3, Tokyu Fudosan Holdings Corporation announced the sale of Tokyu Plaza Ginza. The sale price was not disclosed, although it had a book value of 118.5 billion Yen (US$872 million) as of March 2022. Tokyu is expecting an impairment loss of 21.1 billion Yen for the fiscal year ending March 2023.
Construction of 2,000-unit high-rises starts in Tokyo Bay
March 3, 2023Japan Real Estate News,Tokyo Real Estate NewsReal Estate News,Redevelopment & Reconstruction,All,Tokyo
Construction of the Toyomi District Cat. 1 Town Redevelopment Project started in early January. This will see the creation of two 54-story apartment towers in the Kachidoki/Toyomicho district on Tokyo Bay.
REIT acquires partial ownership in ARGYLE aoyama
March 2, 2023Japan Real Estate News,Tokyo Real Estate NewsOffice/Retail News & Information,Real Estate News,Market Information,All,Hotel News,Tokyo
A 50% quasi co-ownership share in the ARGYLE aoyama on the corner of Aoyama and Gaien-Nishi streets in central Tokyo has been acquired by the Japan Real Estate REIT for 23.9 billion Yen (approx. US$175 million). The building is fully leased and the cap rate is 2.9%.
Historic ryokan in Nagano on the market
March 1, 2023Historic properties in Japan,Historic properties in Japan for sale,Nagano Real Estate NewsReal Estate News,All
A historic ryokan that was the setting of the 1976 film The Inugami Family is for sale.
Apartment rents in greater Tokyo increase for 3rd month
February 28, 2023Japan Apartment Rental Market,Japan Residential Rental Market,japan real estate market,rental market japan,rental market tokyo,Tokyo Apartment Rental Market,Tokyo Residential Rental Market,Tokyo Real Estate News,Japan Real Estate News,Tokyo rental market,Tokyo real estate marketTokyo,Real Estate News,Nagoya,Osaka,All,Market Information,Rental Market
The average monthly rent of a condominium-type apartment across greater Tokyo (Tokyo, Kanagawa, Saitama, and Chiba prefectures) was 3,391 Yen/sqm in January, up 1.6% from the previous month and the 3rd month in a row to see a month-on-month increase.