170m tall tower for north side of Iidabashi Station

Details of a 170-meter tall mixed-use project near Iidabashi Station have been announced. Construction of the Koraku 2 Chome South District Redevelopment is scheduled to start in 2026, with completion by 2030 ~ 2031.Read more


Hyatt House opening Shibuya property next February

The Hyatt House brand of extended-stay hotels is coming to Tokyo next February with the opening of the Hyatt House Shibuya Tokyo. This is the second Hyatt House in Japan - the first opened in Kanazawa in 2020.Read more


Hotels in high demand as developers see opportunity in rapidly recovering tourist market

Japan's hotel industry is only going to heat up as major domestic developers ramp up their portfolios amidst a rapidly recovering tourist market.Read more


Osaka’s most expensive apartment is going on sale for 2.5 billion Yen

The most expensive apartment in history in the Osaka and Kansai region will go on sale next February. The two-bedroom penthouse will be priced at 2.5 billion Yen (US$16.7 million).Read more


Modernist theatre demolition delayed due to rising construction costs

Rising construction costs might have granted the National Theatre an inadvertent temporary reprieve of demolition. The 57-year old modernist building was scheduled to meet with the wrecking ball sometime after the end of October.Read more


Commercial real estate volume reaches 2.3 trillion in first half of 2023

The total volume of real estate acquisitions made during the first half of 2023 reached 2.3 trillion Yen (approx. US$15.5 billion), according to the Japan Real Estate Institute, up 9.5% from the second half of 2022.Read more


Developer acquires Gaetano Pesce-designed building in Osaka

A landmark office building in Osaka has been sold to Kintetsu Real Estate in June. Organic Building was designed by Gaetano Pesce and built in 1993. The facade is comprised of various red planter panels, with the 80 varieties of plants kept alive with a computer-controlled watering system. Read more