Current Japanese Real Estate Listings

Nikkei Real Estate Market Report

Older News:
2007 - 2nd Quarter
2007 - 1st Quarter

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June 2007

"Times are hard in the love hotel business, no pun intended."
Full article: Sexy "Pink Real Estate Funds" are Viagra(TM) for Japan's Love Hotels
"Tokyo Tatemono Co., a 111-year-old Japanese property firm, will pay 143.7 billion yen ($1.16 billion) to acquire a development site near downtown Tokyo, after the nation's land prices rose for the first time in 16 years in 2006. "
Full article: "Tokyo Tatemono Wins Land Site With $1.16 Billion Bid
"A real estate magazine published by Recruit Co. conducted a survey last summer to rank resort areas by popularity. Izu, Shizuoka Prefecture, finished on top, while Karuizawa and Kusatsu, a Gunma Prefecture town known for its hot springs, tied for second, followed by Hokkaido."
Full article: Interest in buying vacation homes starts to heat up
"With rock-bottom interest rates despite an economic recovery, Japan drew 55 percent of the $94 billion in property transactions in Asia last year, including an increasing amount of petrodollars from the Middle East."
Full article: Reuters Summit-Japan property outlook rosy; deals more complex
"ING Real Estate, part of the ING Groep NV, said its Asia Retail Fund has acquired the Morioka Minami shopping centre in Japan."
Full article: ING Real Estate buys Japanese shopping centre for undisclosed sum
"GE Consumer Finance Company is giving discounts to people who have good English or computer skills, and work in "high-value" areas such as the law."
Full article: Cheap loans for 'bright' Japanese
"The Bank of Japan kept interest rates unchanged at 0.50 percent on Friday in a unanimous decision by its Policy Board, though expectations are growing that it will raise them in the coming months. "
Full article: BOJ on hold but rate rise still seen this summer
"The Land Ministry plans to increase monitoring of property valuations amid a surging market for securitized real estate, the Nikkei reported"
Full article: Japan govt to step up inspection of real estate appraisals - report
"we believe Japan?s property market is now in a strong secular rebound after 15-plus years of secular decline, and that the secular bull market in Japanese real estate plays will not be easily derailed"
Full article: Japanese Property Market in Strong Secular Rebound
"Affordability of residential property, increasing transparency and the strong growth of REITs mean this trend is set to continue, says Fidelity International."
Full article: Cross-border real estate investment in Asia increases
"sales of industrial plots have been brisk"
Plots at industrial parks finally gobbled up
"Real estate companies in Japan plan to increase sharply the number of condominium units they place on the market..."
Full article: Japan real estate firms to roll out more condominium units this yr - report
"We are working on a Sharia-compliant Japanese real estate investment project with a major Middle East client"
Full article: Islamic real estate to rise in Japan
Full article: Lehman Completes Sale of Japan Real Estate Bonds
"Japanese real estate - Morgan Stanley's Japanese operations generated $580 million of recurring profits last year, trumping its main peers. UBS made just $360 million"
Full article: Friday Papers: tips and comment
"Many Australian property groups say investing in Japan is a key part of their future expansion strategies."
Full article: Australians turn to Japan investments

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May 2007

"Morgan Stanley?s real estate unit has acquired a 3 per cent stake, worth about $1.4bn, in Mitsubishi Estate, Japan?s second-largest real estate group"
Full article: Morgan buys stake in Mitsubishi Estate
"Nomura is benefiting from a recovery in Japan's real estate market where office vacancy rates in Tokyo are at their lowest since 1991"
Full article: Nomura to Raise Rents Up to 20% Amid Japan Rally
Full article: Australia's B&B Japan Property Trust acquires office property in Yokohama
"Foreign direct investment in Japan's commercial properties tripled last year to $13 billion from about $4 billion a year earlier"
Full article: GIC, Sumitomo to Buy $1.2 Billion Properties in Japan
"Morgan Stanley is close to completing fundraising for an $8bn real estate investment fund, the largest of its real estate funds to date...40 per cent of which will be invested in Japan, reflecting strong interest in the Japanese real estate market."
Full article: Morgan Stanley fund near to target
Full article: Morgan Stanley widens its real estate presence
"GIC Real Estate Pte, a property unit of the Government of Singapore Investment Corp., and Sumitomo Corp. will invest 150 billion yen ($1.2 billion) in retail properties in Japan."
Full article: GIC, Sumitomo to Buy $1.2 Billion of Japan's Retail Properties
"Foreign investment ballooned to $13bn (?9.6bn, ?6.6bn) from an already substantial $4bn in 2005, according to international property company Jones Lang LaSalle"
Full article: Foreigners keen on Japan property
"Third Avenue Management, ABN AMRO and Alpine Mutual Funds, which together oversee $20 billion in real-estate stocks, bought shares of Mitsubishi Estate in Japan...Almost 90 percent of the fund's investments are outside the United States, with the largest single country allocation in Japan"
Full article: Investors seek real estate opportunities outside the United States
"Office supply in Tokyo's 23 wards is estimated to decline by 46 per cent to 0.64 million square metres in 2008"
Full article: Space crunch in Tokyo sure to please
"the board has recognised that sufficient consensus amongst unitholders does not exist at this time."
Full article: ING backs out off Japanese investment plan
"A growing number of investors have been piling into the market, and competition for quality property assets is intensifying."
Full article: Macquarie to take control of Japan property broker
"due mainly to strong revenues from its office building lease business"
Full article: Sumitomo Realty Books Record Profits in FY 2006
"Tokyo office vacancies will drop by 2009 to half of last year's level"
Full article: Tokyo Office Vacancies to Drop by Half, Mori Says
"Dubai investment firm Istithmar is in talks to buy Asian property assets worth at least $250 million"
Istithmar to double Asia property assets
"This growth is likely to be faster in Europe and Asia"
Full article: Fidelity predicts surge in property investment holdings
"Union Bank reiterates its advice to investors to channel half of their equities investments into markets overseas, among them Japan and Europe, which, it feels, are not fully priced. The Japanese banking and real estate sectors look especially interesting"
Full article: Union Bank: Fischer will cut interest rate by 25 basis points

"analysts expect rents to rise another 60% to a peak around 2010"
Full article: Aviva property arm eyes fund for $2bn Japan venture

"interest among institutional investors is heating up once again" Full article: Is It Time for Japanese Real Estate?

April 2007

Full article: Morley sets out Asia strategy

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April 2007

"With some U.S. real estate markets shaky, EverBank Direct, Jacksonville, Fla., has a new bank certificate of deposit tied to the real estate market in Japan"
Full article: CD tied to Japan real estate seeks to make a splash

"Morley has earmarked $2 billion of equity to invest in Asian property deals that offer attractive risk-adjusted returns and strong investor demand...50% of the initial fund had been invested into the Japanese property sector"
Full article: Morley returns to Asia

"A boom of high-end hotel development in Tokyo is expected to continue in 2007 and other cities and areas of Japan are seeing a rush of new and renovated properties"
Full article: High-End Hotels Blooming In Tokyo

"The largest deal was by Rubicon Japan Trust, which bought five office properties in Tokyo, Sendai and Sapporo for ?14.64 billion ($148.08 million)."
Full article: Cash injection - $278m flows into property

"Morgan Stanley will pay 280 billion yen ($2.3 billion) in what is Japan's biggest real estate acquisition"
Full article: Morgan Stanley to Buy Japan Hotels From All Nippon

"IIB Bank has launched a product to match what it terms unprecedented investor demand for exposure to international property..."
Full article: IIB Bank launches hybrid property/equity investment product

"Shinsei Bank, has begun offering mortgages to U.S. military workers"
Full article: DOD civilians in Japan using allowance to buy homes

"property and labour market indicators remain encouraging and capital expenditure remains robust"
Full article: Baillie Gifford Japan in for the long term

"The SCJREP Asia Fund will borrow to generate buying power of more than $3 billion for office and residential real estate"
Full article: Secured Capital Closes Japan Property Fund With $758 Million

"ING Property Trust's plan to invest $200 million in Japanese property in the next 18 months has been greeted with scepticism"
ING's Japan plan raises eyebrows

"Due to the upward trend in land prices, it expects to sell even properties that have been considered difficult to sell in the past"
Full article: Seized resorts up for sale / Tax defaulters' properties to be offered at public auction

"Japanese property presents the nation?s strongest investment opportunity for years, according to BlackRock Merrill Lynch"
Full article: Japan property heads for investment peak

"Commercial prices in the three largest cities rose 8.9 percent with values in some parts of Tokyo jumping as much as 46 percent"
Full article: Japan's Rising Land Prices May Lift Yen, Lehman Says

"...would give its investors' exposure to Japan's growing economic recovery outside its major cities"
Full article: Deutsche Securities to move into Japan hospital real estate

"[GE] expects to invest $3 billion [in Japanese real estate]in 2007 alone"
Full article: GE Real Estate on a worldwide hunt

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