INDUSTRY TRENDS
Most current topics on company strategies, policies, technologies, etc.

TRENDS
DAVINCI Files Suit against Tenants in Shinjuku Maynds Tower for Rent Increase

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JONES LANG LASALLE Opens Hokkaido Office

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Rent Revision Results in Cancellation of Early Termination of Lease Contract for ITO-YOKADO Higashi-Narashino Store Owned by TOP REIT

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LOCAL
JAPAN RETAIL FUND Reduces Rent of ITO-YOKADO Narumi

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PARCO Temporarily Closes Shibuya Parco Part 2 Due to Insufficient Quake Resistance

DEALS
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DAIWA SECURITIES SMBC PRINCIPAL INVESTMENTS Acquires Four Office Buildings Including Former Daishinto Headquarters Building for Approx. 15.6 Bil. Yen

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ARDEPRO Raises Approx. 30 Bil. Yen from GOLDMAN SACHS through Third Party Allotment of Shares

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U.K.-based GROSVENOR Executes Derivative Transaction Aimed at Japanese Real Estate

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U.S.-Based PROSPECT Increases Its Share in FC RESIDENTIAL to 39.68%

PROJECTS
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Think Park Tower Opens in October with Office Floors Fully Occupied

DEALS
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NIPPON TOCHI-TATEMONO Creates New Fund of 20 Bil. Yen to Include Five Buildings Including in Shin-Ochanomizu, Tokyo

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URBAN CORPORATION Enters Partnership with AMANRESORTS to Develop Resort Facilities Overseas

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XYMAX to Move Head Office into Company-owned Building Currently under Construction in Akasaka 1-Chome, Tokyo

DEALS
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CREED CORPORATION Acquires Office Building in Seoul; Invests Aggressively in Real Estate in Korea and China

DEALS
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SANKO TECHNO Moves to Nagareyama-Otakanomori after Selling Headquarters in Higashinippori, Tokyo

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REITEC to Aggressively Develop Small Offices; Commences Investment in the U.S.

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DAVINCI ADVISORS Buys Australian Real Estate Company for 2.2 Bil. Yen; To Launch Japan and Australia Funds

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