Renzo Piano to design replacement for Kunio Maekawa-designed building

Tokio Marine Holdings has announced that Italian architect Renzo Piano will be designing the replacement for the Tokyo Marine Nichido Insurance Building in Marunouchi, Tokyo.

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Luxury apartment sales surge in Tokyo

The luxury condominium market in Tokyo has been surging in the face of the pandemic.

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Office vacancy rate hits 7 year high

The average office vacancy rate across Tokyo’s five business districts of Chiyoda, Chuo, Minato, Shinjuku, and Shibuya reached 6.43% in September, up 0.12 points from the previous month and the highest level seen since June 2014 when it was 6.45%.

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Touring the most expensive residential land in Japan

The Akasaka/Toranomon district is one part of Tokyo that is beating property price trends, despite the pandemic. It is home to the most expensive residential land in Japan. Exploring the neighborhood will help to explain why it is outperforming the others.

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52-story apartment tower for Nihonbashi

As part of the Nihonbashi 1 Chome East District Redevelopment, a proposal for a 52-story apartment tower and 40-story office tower has been announced.

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Tokyo Apartment Sales in September 2021

The following is a selection of apartments that were reported to have sold in central Tokyo during the month of September 2021:

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Hamamatsucho Building redevelopment kicks off after a delayed start

The official groundbreaking ceremony for the Shibaura 1 Chome Project was held on September 28. This project will see the former Hamamatsucho Building replaced with two 235-meter tall towers.

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