FIGURES AND STATISTICS
Coverage of various third-party market reports and our findings

STATS
REIT Assets Increase by 189 Bil. Yen for 3 Months

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Real Estate Slump to Continue 1 or 2 Years: NLI Reports

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Housing Starts for 2008 to up 7.3%, Revised Downward to 1.11 Mil.

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Tokyo Logistics Facility Vacancy Rate Drops to 14.5%

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Keio Inokashira Line Ranks as Wealthiest in Income, Assets

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Concentration of Office Stock in Tokyo Increasing: JREI Survey

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Half of Real Estate Companies Suffering Credit Crunch

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The Industry Facing Lending Reluctance: TEIKOKU Survey

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Emerging Developers Depend Heavily on Debt: SHINSEI

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14,105 New Apartment Units in July 2008 Recovers 2006 Level

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Japan Ranks 26th for Real Estate Transparency: JLL

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Japan rises as global Real Estate Transaction Volume Drops: RCA

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More Land Prices Drop than Rise: MLIT Survey

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Construction Cost for Office Buildings Rises

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Top 10 Developers' Property Increase to Over 13 Tril. Yen

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ORIX and AOZORA BANK Increased Real Estate Loans

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Regional Markets Entering Adjustment Phase: NLI RESEARCH

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