Appliance manufacturer acquires Forest Hills in Omotesando

Rinnai Corporation has acquired Forest Hills East and West in Omotesando for an undisclosed price. The two buildings have a total floor size of 5,551 sqm (59,700 sq.ft) and sit on 1,843 sqm of land in the Minami Aoyama 4 Chome address.Read more

Omotesando's real estate market in 2021

Let’s take a quick look at how Omotesando’s residential real estate market for apartments has performed over the past 12 months.

Read more

New office building for Omotesando

Construction has started on a 60-meter tall office building in Omotesando. The joint project by Mitsubishi Jisho and Goko is scheduled to be completed by February 2023.

Read more

Quick real estate news summary for the week

Luxury brand opens retail alongside Omotesando Avenue, Kamakura museum bid withdrawn, and 40% of brokerages see drop in rental transactions in January and February. Below is a quick weekly summary of some of the recent goings-on in the Japanese real estate market.

Read more

Avex sells HQ building for 70 billion Yen

According to the Nikkei Shimbun, music and entertainment production company Avex is selling their headquarter building in Omotesando for an estimated 70 billion Yen (approx. US$675 million). 

Read more

Avex looks to sell Omotesando headquarters

On November 10, Toyo Keizai Online reported that major music producer Avex is making moves to sell its 18-story headquarters in Minami Aoyama, Tokyo. Avex would then lease the building back from the buyer.

Read more

Yoku Moku acquires Omotesando retail building

Long-established confectioner Yoku Moku has acquired a commercial building across the street from their flagship Aoyama store.

Read more