US university to lease Tokyo property from co-living operator
Seibu Real Estate and housing and co-living operator Goodroom have converted a former company dormitory opposite the Grand Prince Hotel Takanawa into a hybrid student accommodation building for a California-based university.Read more
REIT swaps resi assets with student housing operator
Tokaido REIT is swapping student housing and multi-family assets with a student housing operator, with the deals to take place over the next three months. The REIT is acquiring a three-story student housing property in Mie Prefecture with an appraised NOI yield of 5.3%.Read more
Landlord develops foreign student-only rental apartment building
Foreign students in Japan can often have a hard time finding rental housing due to discrimination and a leasing system that favors local and established residents. With the foreign student population increasing, and the inventory of foreign student-friendly housing remaining low, one landlord has stepped in to build and operate exclusively foreigner-only rental apartments.Read more