Last Update: 01/15 2021 13:40 JST

TSI Holdings to gain Y22.6bn on sale of two properties

TSI Holdings, an apparel company, will sell two properties in Shinjuku-ku and Minato-ku. The combined gain on sale will be approximately 22.59 billion yen [$210 million].

Sotsu purchases office building in Nihombashi-Hakozakicho

Chuo-ku real estate company Sotsu acquired an office property in Nihombashi-Hakozakicho, Chuo-ku.

Sun Frontier sells Nihombashi office building to GIC

Real estate company Sun Frontier Fudousan sold an office property in Higashi-Nihombashi, Chuo-ku. The buyer was SST West TMK, a special purpose company affiliated with Singaporean sovereign wealth fund GIC.

Yokohama’s List acquired office building in Kohoku New Town

List Asset Management of Yokohama City purchased an office and retail building in Tsuzuki-ku, Yokohama City through a special purpose company.

B-Lot purchases Tokyo resident housing in Meguro-ku

Real estate company B-Lot acquired an apartment building for Tokyo residents in Meguro-Honcho, Meguro-ku.

Apa sells apartment building in Mita, Minato-ku

Apa Home, a unit of hotel chain operator the Apa Group, sold a rental apartment building in Mita, Minato-ku.

Hulic’s private REIT acquires apartment in Shinjuku

Hulic Private REIT acquired a rental apartment in Shinjuku, Shinjuku-ku. The apartment is...

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WHAT'S IN THE MONTHLY REPORT: JANUARY 2021

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Local Markets: Fukuoka

Deregulation for Regeneration

City grants more FAR, pushes developers to design 'corona-free' buildings
While the spread of the coronavirus (Covid-19) infection is having an impact on the economies across Japan, a new initiative that induces building developments resistant to viruses was launched in Fukuoka City. The city aims to realize a "city prepared for infectious diseases," and to use it as an incentive for the attraction of new businesses. Investment needs in real estate in Fukuoka remains high even amid the Covid-19 crisis. Especially, moves to develop logistics facilities are becoming active and the investment areas are expanding.
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