Japan fund targets rental houses in suburbs
Kenedix Inc., a prominent Tokyo-listed fund manager, is making its move on acquiring detached houses around Tokyo's suburbs to rent out.
Historic factory in Fukuoka to be demolished
Demolition will start on a historic factory in Fukuoka this month. A farewell event for 200 former factory workers and neighbors was held on August 28, with the building illuminated.
Temple to be demolished and land sold
A temple in Aichi Prefecture will soon be demolished, ending 630 years of history.
Land in Daikanyama sold for 7 billion Yen
On August 26, apparel company Onward Holdings announced the sale of two properties in Tokyo’s Minato and Shibuya wards.
Tokyo apartment rents drop across all size ranges
According to the latest data on the residential rental market provided by AtHome, the average advertised rent across all four apartment types saw a year-on-year decline in Tokyo’s 23 wards.
Real estate investment drops 25% in first half of 2021 as supply shrinks
The total volume of commercial real estate investment across greater Tokyo in the first half of 2021 fell 25% from the same time last year as fewer deals were made available.
Luxury hotelier to pay 1.5 billion Yen for historic site in Kyoto
The operator of a luxury, boutique hotel in Hakone has been selected as the successful bidder for a historically significant site in Kyoto City.