Atami Izusan Step House

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*Update: SOLD

In the quiet residential Izusan neighborhood, this contemporary 1-bedroom designer home is for sale. Designed by Tezuka Architects office and the house was featured in Shinchiku magazine. The house was designed to maximize the views with each space facing the ocean.Read more


[Foreclosed] Villa Resina

villa-resina-ex3This apartment block was initially built as a company dormitory for employees of the Kansai Electric Power Company.

Earlier this year it was listed for 1.3 billion JPY but it seems like they could not find a buyer in time. The current court evaluation is 573,000,000 JPY.

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For Sale: 3 buildings owned by Japan Tobacco

roppongi-arents-exteriorJapan Tobacco have recently put three of their buildings in central Tokyo up for public sale and are currently accepting bids. The properties for sale are:

- Roppongi Arents (Residential)

- JT Ebisu Minami Building (Commercial)

- Alive Nanpeidai II Building (Commercial)Read more


Asian buyers are top foreign purchasers in Japan

The Wall Street Journal has an interesting article on the shift among foreign buyers of Japanese real estate.

Asian buyers, both corporate and individual, made 18 real estate acquisitions in Japan in 2010 for a total of USD 372 million. US buyers made 3 deals totalling just USD 6 million.Read more


The Omotesando Project

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Located at the Harajuku crossing and between the JR Railway lines and Co-Op Olympia, this 2,860sqm site has been sitting vacant for a few years now.

In August,2005, Raysum purchased the site and former building from Seibu Holdings and had plans for redevelopment. The total cost of the planned project was 40 billion JPY (an estimate from 2006 report).  Construction was initially scheduled to start in April, 2007 and be completed by March, 2009.Read more


Two large scale redevelopments for Minato-ku in 2011

Two large scale redevelopment projects in Minato-ku are about to commence in 2011.

Sumitomo Realty & Development are planning for their "Roppongi 3 Chome East District Redevelopment" project. The total development size will be 200,000sqm (2,152,000 sqft).

Meanwhile, Kowa Real Estate are planning their "Akasaka 1 Chome District Redevelopment" project with a total area of 170,000sqm (1,829,200 sqft).Read more


JVC Kenwood to tear down Japan's first Victor factory

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The Victor Company of Japan (part of JVC Holdings) has applied to Yokohama City for approval to demolish the first Victor factory in Japan. The "Victor Company of Japan No. 1 Factory Facade" was completed in 1930.Read more