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B-Lot acquires Ichibancho building from German maritime shipping giant

B-Lot acquired Hapag-Lloyd House in Ichibancho, Chiyoda-ku, from the Japanese arm of major German maritime shipping company Hapag-Lloyd. B-Lot plans to... ≫

Dai-ichi Life acquires apartment building in Setagaya-ku

Dai-ichi Life Insurance acquired a rental apartment building in Ikejiri, Setagaya-ku. In recent years, Dai-ichi Life Insurance has been diversifying its real estate portfolio in order to ensure medium to long-term stability of income. ≫

Nishi-Nippon Railroad to develop for-sale condominium community in Philippines

Nishi-Nippon Railroad (a.k.a. Nishitetsu) will develop for-sale condominium buildings in Antipolo, Philippines, its first project in the country. Construction will start in July 2023 with completion slated for May 2024. ≫

Mitsubishi acquires two older buildings in Shimbashi

Mitsubishi Estate acquired two building in Shimbashi, Minato-ku. The company will... ≫

H2O Retailing selling Umeda land, gaining Y4.9bn

H2O Retailing, which has Hankyu Hanshin Department Stores under its umbrella, publicly announced the sale of the 838 m2 Koyo Kaikan site in Umeda. The company expects a profit of approximately 4.9 billion yen [$36 million] from the sale of the property. ≫

Sunada Property sells two Osaka apartment buildings

Real estate developer Sunada Property, a subsidiary of Sunada Construction of Hirakata City, Osaka Prefecture, sold two rental apartment buildings in Osaka City. ≫

Daiwa House developing mixed-use building in Yokohama City

Daiwa House Industry will construct a mixed-use building consisting of retail spaces, office spaces and 30 residential units in Nogecho, Naka-ku, Yokohama City. ≫

LaSalle acquires building under development in Nagoya

Chicago Property GK, believed to be a special purpose company of LaSalle Investment Management, acquired 1,763 m2 of land in Meieki, Nakamura-ku, Nagoya City. An office building is being developed on the site. Daiwa House Industry was the initial developer, but, Chicago Property GK appears to have taken over the project. ≫

LATEST NEWSMore

Wood replaces steel as Japan builders fight climate change 08.17.2022

Hankyu Hanshin Properties developing apartment in Ikebukuro 08.17.2022

Japan real estate lures Hong Kong, Singapore buyers with weak yen 08.17.2022

B-Lot acquires Ichibancho building from German maritime shipping giant 08.17.2022

Japan Energy Saving Housing moving to Akihabara UDX 08.17.2022

City Homes sells retail building in Shinagawa-ku 08.17.2022

Nihon Sekkei to relocate to Toranomon Hills Mori Tower 08.17.2022

Dai-ichi Life acquires apartment building in Setagaya-ku 08.17.2022

SoftBank accelerates asset sales in race for cash 08.10.2022

Cloud Ace to relocate to Tokyo Sankei Building 08.10.2022

Transactions: 2Q 2022

Transaction Volume Falls 40%

Reverberations of REIT market slump

Transaction volume in the second quarter of 2022 fell by an impressive 40% year-on-year, due in part to the slump in the REIT market. Against the backdrop of rising interest rates worldwide, the prices of investment units are on a stagnating trend and both the amount of funds raised and the quarterly figures for total amount of purchases hit decade lows. On the other hand, land transactions remained robust, with transaction volume for such growing more than three times year-on-year. ≫

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