Last Update: 10/27 2021 06:00 JST

Sony Enterprise developing on former Ginza Sony Park site

Chuo-ku-based Sony Enterprise, which is a Sony Group subsidiary that produces events and conducts property management of facilities, will begin developing a retail building on the former site of Ginza Sony Park in Ginza, Chuo-ku.

Takara Leben sells hotel in Nakagyo-ku, Kyoto City

Housing developer Takara Leben sold a hotel in Nushiyacho, Nakagyo-ku, Kyoto City. The buyer was...

Dai-ichi Life private REIT acquires apartment in Nagoya

DL Life Partner REIT, a private REIT, purchased a relatively-new rental apartment building in Masaki, Naka-ku, Nagoya City. With this acquisition, the acquisition price-based AUM of the REIT increased to 55.1 billion yen [$480 million] in 32 properties.

Rio acquires office buildings in Hakodate City and Tsu City

Chiyoda-ku based Rio Consulting, which is under the umbrella of Chiyoda-ku based Rio Holdings, acquired office buildings in Hakodate City, Hokkaido, and Tsu City, Mie Prefecture, through a subsidiary. Rio is engaged in a large number of sales projects of life and non-life insurance mainly in local areas.

Blackstone acquires three Osaka apartment buildings

The Blackstone Group acquired three rental apartment buildings in Osaka City. The seller of the three properties was...

Toyo Tire acquires high-rise apartment with defective seismic isolation

Toyo Tire acquired a 30-story rental apartment building in Chuo-ku, Fukuoka City. The acquisition price was 3.74 billion yen [$33 million]. Seismic isolation rubber manufactured by Toyo Tire & Rubber (currently Toyo Tire) was used in the foundation of the building. It was brought to light in 2015 that the seismic isolation rubber does not meet the performance evaluation standards certified by the minister.



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Feature: Data Centers

Hyperscale Hotspots

Amazon, Google take up large-scale Tokyo metropolitan area facilities
Development of large-scale data centers centering on “hyperscale data centers,” which correspond to cloud services, are increasing rapidly in the Tokyo metropolitan area. In addition to Inzai City, Chiba Prefecture where sites can easily be secured due to the new town development and where electricity and communications infrastructures have been developed, the development areas are also expanding to Saitama City and the 23 wards of Tokyo.
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