Atami hotel project withdrawn
Tokyu Land has withdrawn plans for the development of a membership-hotel on city-owned land in the hot spring resort city of Atami, citing concerns over viability amidst the ongoing pandemic.
Quick real estate news summary for the week
Prices of investment-grade condos on the rise, time-share offices as an alternative to co-working spaces, Okinawa hotels hit with cancellations following State of Emergency declaration, and Suruga Bank sees more share house loan cancellation requests. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.
Fundraising difficulties delay international luxury hotel in Utsunomiya City
Luxury Thai hotelier Dusit Thani has cited fundraising issues and uncertainty over inbound tourism as the reasons for the delay in the construction of a high-rise hotel planned for Utsunomiya City. Construction has been postponed until further notice while the developer looks for other hotel operators.
Quick real estate news summary for the week
Tokyo apartment rents reach a record high, a condo in Tokyo Bay to include shared office space for residents, Nara welcomes a new international hotel, and agents now required to provide information about flood risks. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.
Quick real estate news summary for the week
Hotel bankruptcies on the rise, office conversions to become a trend, and a planned hike in fire insurance premiums for homeowners. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.
Quick real estate news summary for the week
A major landlord raises rents, a landmark hotel near Kansai Airport closes, and OYO curtails operations in Japan. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.
The ARGYLE aoyama opens
On June 19, the 20-story mixed-use redevelopment of Aoyama Bell Commons reached completion. The 90-meter tall building, named the ARGYLE aoyama, includes office, hotel and retail.