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"Blackstone Group LP (BX) agreed to buy GE Japan Corp.’s residential-property business for more than 190 billion yen ($1.61 billion) to expand its apartment holdings in Japan."
Full article: Blackstone to Acquire Japan Apartments for $1.61 Billion
"Investment in Tokyo properties is surging on prospects that rents will rise, boosting returns, even after a 20 percent gain in prices since Japanese Prime Minister Shinzo Abe took office almost two years ago."
Full article: Rising Rents Lure Buyers
"Global interest in Japan's commercial real estate sector continues to grow with the country fast becoming one of the most sought after locations for real estate investors. Read more:"
Full article: Japan Real Estate Report Q4 2014
"We're seeing a number of international investors starting to move into the Japanese real estate market."
Full article: Forget Japan’s shrinking economy: property looks hot
"...could be the biggest office property deal in six years."
Full article: Goldman Sachs a final bidder for Y165 bil Tokyo building
" estimated to have reached a record 8.2 million."
Full article: A glut of unoccupied houses

Full article: Mori Trust in talks to buy Lone Star $1 bln Tokyo property

Full article: Inside Japan’s Disposable Housing Market
"...10.3% plunge in real-estate investment..."
Full article: Japan’s economy suffers biggest slump since 2011
"Real estate transactions in Japan soared 72 per cent last fiscal year to ¥4.1 trillion yen ($US40 billion) the steepest rise in a decade.
Full article: Astro rides revival of Japanese property prices
" commercial property transactions in Tokyo jumped above that of any other major city in the world in the first quarter, according to Jones Lang."
Full article: Fosun Sets Sights On Japan Real Estate With Purchase Of IDERA -- Update
"Tokyo had the largest commercial real estate market in the first quarter of 2014"
Full article: Tokyo’s Commercial Property Market Is on Top of the World
"The bottom line: Profits at Japan’s top developer by sales rose 62 percent in the first half of the fiscal year, and real estate stocks are up 46 percent this year."
Full article: Japan's Property Market Comes Back to Life
"Japanese billionaire Akira Mori plans to buy as much as 100 billion yen ($1.2 billion) in properties in Tokyo, New York and London, his company’s first investment of this scale since 2008, as local real estate values recover and the yen strengthens."
Full article: Billionaire Mori Plans $1.2 Billion Real Estate Investments
"Japanese billionaire Akira Mori plans to buy as much as 100 billion yen ($1.2 billion) in properties in Tokyo, New York and London, his company’s first investment of this scale since 2008, as local real estate values recover and the yen strengthens."
Full article: Billionaire Mori Plans $1.2 Billion Real Estate Investments

Full article: Island row dulls China land grab fears in Japan
"China leads the purchases of Hokkaido forest and water rights with 21 transactions of a total 57. Hong Kong buyers using Virgin Island-registered offshore companies accounted for another nine and Singapore investors eight"
Full article: Japan Fears Losing Control of Water as Investors Buy Amid Real Estate's Price Slump, Lax Rules (Tokyo)
"a fund that will invest in the nation’s residential properties after receiving money from a sovereign wealth fund in the Middle East"
Full article: Sparx to Start Japan Property Fund on Sovereign-Fund Mandate
"Marunouchi -- an area which helps generate more than 90 percent of the company’s profit"
Full article: Mitsubishi Estate Plans Marunouchi Office Rent Increase in 2013
"Mitsubishi Estate, bought one office building and three apartments in Tokyo"
Full article: Mitsubishi Estate raises ¥11.2 billion to purchase four properties for REIT
"Japanese property also is a better moneymaker than that in other top financial cities in the region."
Full article: Foreign Investors Return to Tokyo Property Market
"Japan Teachers Mutual Aid Co- operative Society, with about 600 billion yen ($7.6 billion), will start investing in real estate investment trusts and hedge funds as it seeks to diversify risks and boost returns."
Full article: Japan Teachers Fund to Start REIT and Hedge Fund Investments
"Land prices in Japan fell by an average 2.7 percent in the year to July 1...The pace of decline in three major metropolitan areas of Tokyo, Nagoya and Osaka almost halved to 1.0 percent from a 1.9 percent decline the year before."
Full article: Japan land prices mark smallest fall in 4 years -govt
"Japanese property is the ultimate risk-averse trade, particularly for foreign buyers leery of US Treasury securities."
Full article: Foreign funds flow into Japanese property
"The investment management company has acquired 15 billion yen of office and residential properties over the past six months in Japan"
Full article: Aetos to Raise $1 Billion to Invest in Japan, China Assets
"...with Rakuten, Inc. for an approximately 810,000 square foot (75,251 square meter) building in Osaka"
Full article: Prologis Signs 810,000 Square Foot Build-to-Suit Agreement in Japan
"Goodman raised $500 million that will enable the fund to acquire more than $1 billion of logistics properties in major cities such as Tokyo and Osaka"
Full article: Goodman and Abu Dhabi Investment to Buy Warehouses in Japan
"reflect the high quality of the company's assets in Tokyo's Marunouchi central business district and the low average vacancy rate of all the company's assets"
Full article: Japan-Based Mitsubishi Estate's Domestic Bonds Rated 'A+'
"AXA Real Estate and a subsidiary of Sumitomo Mitsui Trust Bank have raised JPY10bn (€100m) at the first close of closed-end funds targeting mid-sized Tokyo office and a 10% return."
Full article: AXA Real Estate raises €100m for Japan office fund
"plans to double assets under management to 500 billion yen ($6.4 billion) in two years"
Full article: Sumitomo Mitsui Trust’s Property Arm Targets Assets to Double
"Japan may extend mortgage tax benefits by five years and raise the deduction rate to cushion an expected slowdown in home sales in 2014 when a consumption tax increase takes effect."
Full article: Japan May Add Mortgage Tax Benefits to Cushion Slowdown
"it plans to develop villas and condominiums worth Bt3 billion on part of the land near the resort. The residences will be aimed at both Japanese investors and foreigners from Asia such as Hong Kong, Singapore, Malaysia, Thailand and Indonesia, as well as Australia and Europe"
Full article: Property Perfect outlines Japan plan

Full article: Goldman, foreign funds bet worst is past for Tokyo office market
"New housing loans jumped 14.7 percent in the second quarter this year from a year ago..."
Full article: Japanese Home Purchases Rise Before Corolla-Size Tax: Mortgages
"Overseas institutional investors are paying more attention to Japanese real estate, which they regard as low-risk property amid the prolonged European debt crisis."
Full article: Overseas investors attracted to Japanese real estate
"Commercial real estate fundamentals in Japan appear to be picking up steam after setbacks to the market in 2011."
Full article: Japanese Commercial Real Estate Overcoming Setbacks
"Japan appears to be a defensive, safe and income-oriented bet"
Full article: Global Real Estate Investors More Bullish About Asia's Prospects in 2013 Over U.S. or European Markets
"3. Tokyo: Japan hosts a large population of international students from Asia Read more: Where students go, real estate follows - RED - New Straits Times"
Full article: Where students go, real estate follows
"Goldman plans to start fund this summer to invest in central Tokyo office buildings, while TPG may invest 50b yen over two to three years"
Full article: Goldman, TPG Plan Japan Real Estate Funds, Nikkei Says
"Prologis Parks Kitanagoya and Osaka 1 both now fully leased"
Full article: Prologis Leases More Than 300,000 Square Feet in Japan Portfolio
"Softbank Corp., Japan's second- biggest mobile-phone company by market value says it agreed to buy the 19-year-old, 35,695-seat Fukuoka Yahoo! Japan Dome from Government of Singapore Investment Corp."
Full article: Landmark Japan Sports and Entertainment Property Sold for $1.1 Billion
"The biggest gain was in the Shirasagidai area in the city of Ishinomaki, which rose 61 percent"
Full article: Japan’s Quake-Hit Northeast Region Has Record Land-Price Gains
"Global Logistic Properties Ltd may be in focus as it announced a 50:50 joint venture with Japanese real estate company, Mitsui Fudosan Co., Ltd, to develop a multi-tenant logistics facility with a gross floor area of 121,000 square meters in Ichikawa City, Chiba prefecture (Greater Tokyo), Japan"
Full article: Global Logistic Properties in focus
"The plan may buoy Japan’s listed REITs, which have gained 18 percent this year."
Full article: Japan’s Teachers Fund to Start Investing in REITs, Hedge Funds
"The central bank’s decision for additional monetary easing and setting an inflation target of 1 percent will help boost land prices in the six major cities by 10 percent"
Full article: Japan’s Echo Boomers Giving a Lift to Housing: Mortgages
"...plans to raise as much as 40 billion yen ($480 million) in an initial public offering of its residential assets"
Full article: Kenedix Said to Plan $480 Million IPO of Japan REIT
"The fund, which has office, retail and residential properties, will increase the share of apartments in its portfolio"
Full article: Mitsubishi Estate to Expand Private REIT for Pension Demand
"it plans to triple the size of its private real estate investment trust in three years"
Full article: Mitsui Fudosan eyes expanding trust
"Demand for large, high quality logistics facilities in Japan has been on the rise after the earthquake last year as firms seek to improve supply chain management and crisis management capabilities"
Full article: Singapore's Mapletree Logistics buys $213 mln worth of Japan assets
"The supply of condominiums in Japan in 2011 rose 2.2 percent from the previous year to 86,582 units, posting gains for two years in a row"
Full article: Japan's condo supply rises 2.2.% in 2011
"...plans to invest in office buildings and apartments in the greater Tokyo area"
Full article: Grosvenor to Raise $492 Million to Invest in Japan Properties

Full article: Koll Says He's `Excited' About Japan Real Estate Market
"Jesper Koll, head of equity research at JPMorgan Chase & Co. in Tokyo, talks about the outlook for Japan's economy and stocks."
Full article: Koll Says He's `Excited' About Japan Real Estate Market
"Hulic Co.’s takeover of Shoei Co., in a transaction estimated at 268.7 billion yen ($3.4 billion), underscores the plight of smaller Japanese builders struggling to survive as loans dry up."
Full article: Hulic’s Shoei Takeover Underscores Woes of Japan Builders
"Global Logistic Properties Ltd., a unit of the Government of Singapore Investment Corp., and China Investment Corp. agreed to buy 15 Japanese warehouses for 122.6 billion yen ($1.6 billion) as demand for modern storage is rebounding after the March earthquake."
Full article: Global Logistic, CIC to Buy $1.6 Billion of Japan Warehouses
"Japan is still the second largest market in the world in terms of commercial real estate and the largest and most liquid market in Asia. Following the events at Fukushima, the already significant price correction continued but has bottomed out in the meantime."
Full article: Japan, Asian real estate private equity funds’ favourite destination
"Kenedix Realty, which has 274.9 billion yen of assets under management, plans to acquire four Tokyo office buildings and properties in cities including Nagoya and Sendai"
Full article: Kenedix to Buy Eight Properties in Japan From Prudential Unit
"According to Miki Shoji, the per square foot monthly rental offer (excluding common areas) is now JPY 477.57 (JPY 16,973 per tsubo)."
Full article: Tokyo Office Rents Hit New Low--A Boon for Business
"Cushman & Wakefield Inc., the largest closely held commercial real-estate broker, is seeking acquisitions in Asia as it aims to double the region’s sales contribution,"
Full article: Cushman & Wakefield Seeks Acquisitions to Boost Asia Growth
"“Oceanfront” is out and “heights” and “hills” are in."
Full article: Many in Japan Are Again Heading for the Hills

Full article: If you can't afford the land, why not just buy the house?
"Private property investment companies from outside Japan say Tokyo is one of their top targets for the next 12 months, with the most active players set to invest close to $1 billion."
Full article: Private capital targets Tokyo property post-quake
"Cargill's Minnetonka investment subsidiary, CarVal Investors, is planning a $500 million Japanese real estate fund to buy distressed properties and underperforming loans in the wake of Japan's March earthquake."
Full article: Cargill unit seeks Japan real estate bargains
"Global investors, who favored Japanese real estate earlier this year, are holding off investments following the March 11 calamity and nuclear crisis, according to CB Richard Ellis Group Inc. Japan was the most popular property investment destination in Asia in the first quarter, attracting 37 percent of funds"
Full article: Foreign investors bearish on property since quake
"Though some overseas investors have adopted a 'wait-and-see' attitude, others are viewing this is as a possible purchasing opportunity."
Full article: Real estate pain looms as uncertainty plagues Japan
"The report may be the latest sign of an improvement in the nation’s property market after the nation’s housing starts unexpectedly rose in April"
Full article: Tokyo Office Vacancies Fall for 2nd Month Post Quake
"The building has a total of 82,900 square feet of space — bringing Manulife's Japanese property portfolio to more than 900,000 square feet."
Full article: Manulife adds Osaka office-retail building to its Japanese property portfolio
"Japan land values declined at more than two-thirds of the country’s land sites after record earthquake and tsunami slowed a recovery in the property market"
Full article: Japan Land Values Fall at More Sites Following Earthquake
"An increase in tenants’ preference for office space on lower floors may also make taller buildings less attractive"
Full article: Japan Should Stop Building Skyscrapers After Quake, Mori Says
"will invest in property at the periphery of Tokyo’s central business district, said Terence Heng, general manager of Japan at Singapore-based Mapletree. It will also seek assets in Osaka and Nagoya"
Full article: Temasek’s Mapletree Plans Japanese Property Fund After 90% Profit Surge
"will target studio and one-bedroom apartments in Japan’s capital over the next two years"
Full article: GE Capital Real Estate, Aberdeen Start $400 Million Tokyo Property Fund
"According to a new report by global real estate firm Jones Lang LaSalle, the Asia Pacific real estate market continued to witness positive sentiment and increased activity across most sectors in 1Q11. The region's economy grew by an estimated 7.0% in 2010, significantly above growth in the rest of the world of around 3%"
Full article: Asia Pacific Commercial Investment Activity Upticks as Region's Economy Grows 7% Annually
"AXA said it believes that the Japanese economy will recover in a relatively short space of time and that investors should focus on its long-term prospects, rather than the short-term impact of recent natural disasters."
Full article: AXA real estate bullish on Japanese debt
"“Excessive liquidity and tightening measures in Greater China prompted the birth of the Web site, which could help channel idle funds to Japan.”Unlike its neighbors with fast-growing GDP, Japan has not raised levies or adopted monetary tightening measures to cool property transactions"
Full article: Shin Kong, Japan peer launch Web real-estate service
"Defaults on debt backed by Japanese office buildings, shopping centers and warehouses rose to a record in April due to a single loan of more than 100 billion yen ($1.24 billion)"
Full article: Japan Has Biggest Property Loan Defaults in April, Moody’s Says
"expects the nation’s biggest housing boom in at least 15 years after the March 11 earthquake"
Full article: Quake to Spur Japan Homebuilding Boom, Sekisui House Says
"Japan's debt funding gap soared by 20% to $84 billion over the last six months due to an increase in the amount of debt outstanding to commercial real estate and a downgrade in near-term capital values following the devastating earthquake and resulting tsunami in March."
Full article: Real Estate Debt Gap Narrows But Japan,UK Still Exposed-Experts
"Property prices in Japan have declined by 20-30% since the March 11 earthquake and tsunami, opening new opportunities for large-scale investors."
Full article: Recap keen on Japan market - Up to 30% price drops mean lucrative deals
"Bay area property prices may tumble after reclaimed land is damaged"
Full article: A Real Estate Plunge on Tokyo's Waterfront?
"Nationwide, the average condo price rose 5.8% to 40.22 million yen, topping the 40 million yen line for the first time since 1991."
Full article: New Condo Offerings Up First Time In 5 Yrs In '10

Full article: Asian investors increase acquisitions of real estate
"For the mere sum of $55 million Japan's central bank has lit a spark under the property market"
Full article: BOJ scores small victory with Japan property boost
"China Investment Corporation (CIC), the country's major sovereign wealth fund, has bought a Japan-based property loan portfolio in cooperation with US-based investment firm Blackstone Group L.P. (BX) at a price much lower than the face value of USD 1.1 billion"
Full article: CIC, Blackstone Buy Japan Property Loan Portfolio
"it plans to buy or develop shopping malls, hotels and office buildings"
Full article: INTERVIEW-LaSalle to invest up to $1.8 bln in Japan this yr
"Real estate investment in Asia picked up significantly in the second half of 2010 with Japan, Hong Kong, Singapore and China the most active markets."
Full article: Significant rise in Asian real estate investment

Full article: Japan REITs Rise to 2-Year High on BOJ Purchase Plan
"The Malaysian property developer YTL Corp. said Tuesday it plans to develop a posh ski resort in Hokkaido targeted at well-off Asian travelers"
Full article: Malaysian firm plans upscale Hokkaido ski resort
"suggesting that Japanese property developers expect a recovery in demand to continue"
Full article: Tokyo Condo Sales Rose for 10th Month in November
"The yields in Japan are attractive by any standard, and the interest rates are so low. Asian investors are so flush with cash, they have no choice but to look at Japan."
Full article: Asian Investors Shop in Japan
"a gradual pickup in housing starts is expected to continue, thanks to improvement in the condominium sales and the positive impact of government's measures prompting purchases of houses"
Full article: MNI Survey: Japan Housing Starts +10.0%, Up 5 Months In Row
"When you compare the yield spreads in Japan and those in other international markets, Japan offers the best return ever"
Full article: Daiwa Real Estate to Boost REIT Assets by 25% in 3 Years, President Says
"one of Japan's largest retail real-estate transactions this year, a consortium including Secured Capital Japan is set to acquire the iconic Ralph Lauren building in central Tokyo for $350 million (Y29 billion)"
Full article: Secured Capital Japan Group To Acquire Ralph Lauren Tokyo Store Sources
"...aims to boost assets to at least 300 billion yen ($3.6 billion) by February for funds that will invest in Tokyo office buildings"
Full article: Ichigo Targets $3.6 Billion in Assets for Tokyo Property Funds
"The owner of about 30 office buildings in Tokyo’s central business district is seeing a recovery in its occupancy rate, supporting profit growth. The vacancy rate at the firm fell to 4.02 percent in September from 4.46 percent in June, a five-year high, according to Mitsubishi Estate."
Full article: Mitsubishi Estate's First-Half Profit Rises 44% as Vacancy Rates Improve
"The average price per unit rose 11 percent to 50.2 million yen ($618,000) from a year earlier."
Full article: Tokyo Condos Put on Market Rise for Eighth Month, Signaling Rising Demand
"The fund will invest in senior-class debt in Japan as early as April, targeting the nation’s pension funds"
Full article: Zais Japan, Led by Ex-Lehman Banker, Plans Japanese Real-Estate Debt Fund
"About 1.23 trillion yen of commercial real estate-backed mortgages are due this year, according to an estimate by Credit Suisse Securities (Japan) Ltd. "
Full article: GreenOak Real Estate Said to Seek $800 Million to Buy Japanese Properties
"Aetos Capital plans to raise the money by December and has already gathered $250 million from investors"
Full article: Aetos Capital to raise $1 bln property fund-source
"Astro Japan Property Group has sold two Tokyo offices for 4.625 billion yen ($A57 million) and will use the proceeds to reduce a loan which is due for refinancing in December."
Full article: Astro Japan sells two Tokyo offices
"Commercial prices are 60 percent of what they were in 1991 when they peaked, while residential values are at 35 percent."
Full article: Japan Land-Price Declines Slow for First Time in Three Years
"Investors from the United States to Singapore have been on the hunt for real estate in Japan, with over $2 billion in deals already sealed since late last year"
Full article: Aviva Investors plans Tokyo office fund, eyes $250 mln
"“Residential is one of the most stable and easy to make investments in as long as you choose the right locations,” Uematsu said."
Full article: Tokio Marine Property Plans to Raise $588 Million to Buy Tokyo Apartments
"Franklin Templeton was currently looking to park money with private equity funds that specialise in buying non-performing loans tied to property investments in Japan."
Full article: Templeton plans to raise $300 mln for property fund of funds
"Japan is likely to see a wave of distressed and discounted property deals"
Full article: Japan Property Market Attracting Investors From Around The World
"So if you're looking to move office, there probably isn't a better time to do so than now."
Full article: Time to Move Your Office, e-biz news from Japan
"Over $2 billion worth of investment deals were inked since late last year with more in the pipeline."
Full article: Investors Big on Japan Real Estate
"As foreign money pours in, the real surge in buying may just be starting, predicts Mark Brown, a real estate analyst at researcher Japaninvest. "
Full article: Foreign buyers hungry for Japan real estate
"Following is a list of key deals of foreign investors acquiring Japanese assets since late last year."
Full article: FACTBOX-Key purchases of Japan property assets by foreign firms
"The partnership's first major transaction, also announced Wednesday, is buying a 65% stake in a Japanese apartment company with total real-estate assets of about $600 million."
Full article: Kennedy-Wilson, Fairfax Financial Form $278M
"A surge in demand for investment-grade warehouses at a time when no new supply of space for such facilities is available makes it an attractive investment"
Full article: Redwood Group to Raise Up to $600 Million for Tokyo Warehouse Investments
"From Hokkaido in the north to Fukuoka in the south, estate agents report rising interest among Chinese for property for their own use and as an investment."
Full article: Wealthy Chinese buyers home in on Japan
"The loan aid programme, introduced last December as part of an economic stimulus package, reduces annual interest on 35-year fixed-rate loans for eco-friendly and quake-resistant homes by one percentage point for the first 10 years."
Full article: Japan mulling extension of housing loan scheme

Full article: APG to Increase Property Investments in Asia as It Chases Growth in Region
“The government adopted a growth strategy in June featuring a policy change from sales of unused lots toward leasing them.”
Full article: Government land sales fall below ¥100 billion
“about 50 percent of borrowers taking out new mortgages are opting for adjustable-rate home loans, a significant increase from 9.4 percent in January 2007”
Full article: Majority of mortgages now adjustable-rate
“will invest in business-related properties such as data centres, research and development facilities and office buildings just outside central Tokyo and other big cities”
Full article: Singapore Mapletree:plans $928 mln Japan property fund
“The average office vacancy rate in five central wards of Tokyo at the end of July fell by 0.04 percentage point from a month earlier to 9.10 percent”
Full article: Office vacancy rate in central Tokyo posts 1st fall in 30 months
“The news confirms my view that property prices in Japan have reached bottom,” said Ishizawa in a telephone interview in Tokyo. “Now is the time to invest.”
Full article: Blackstone Said to Seek First Real Estate Assets in Japan
“While Aberdeen has invested only in commercial properties through its existing funds, it would also consider residential markets in countries like Japan, where investors were looking to benefit from a recovery. ”
Full article: UK property fund looks to invest in Asia-Pacific
“a third-party real-estate assessment valued the castle at 196 million yen, or $2.3 million. Ten people have already shown interest in buying the castle”
Full article: For Sale by Owner: 16th-Century Castle
“Kenedix Inc. (4321.TO), a Japanese real estate investment fund management company, said Thursday it will raise up to Y16.32 billion in net proceeds through an equity financing deal that will nearly double the number of its issued shares.”
Full article: Kenedix: To Raise Up To Y16.3 Bln From Share Issue
“Historically, Japan’s residential market has recovered first and then the office market,” said Otani. “We are right on that trend.”
Full article: Tokyu Land to Acquire $450 Million Worth of Apartments for REIT

Full article: Blackstone to Manage BofA's Asia Property Fund: Sources
"Japan (having gone through decades of deflation), the most undervalued"
Full article: Global Housing Bubble – Based on Ratio of Price to Rent, Which Countries are the Bubbliest?
"Managers Jonathan Ruffer and Steve Russell have grown their exposure to the region to 20%"
Full article: Ruffer piles into Japanese property, life assurance and B2B
"The nation's four top real estate companies had some 2.73 trillion yen worth of assets tied up in off-book special-purpose vehicles last fiscal year."
Full article: SPCs For Buying Land To Be Brought Onto Developers' Books
"Tokyo suffered the biggest drop of 11.3 percent"
Full article: Japan land prices drop at fastest pace in 13 years
Full article: Nomura Office Fund Announces Amendment to the Lease Agreement between a Major Tenant and its Sub-lessee
“Tokyo itself represents a good investment destination mainly because of its strong economic and population growth,”
Full article: MGPA May Double Japan Assets Over Five Years, CEO Treacy Says
"The company bought 50 billion yen of office and residential buildings in Tokyo"
Full article: Cushman & Wakefield to Add Japan Assets as Prices Near Bottom
1. Tokyo 4. Nagoya 5. Yokohama 7. Kobe
Full article: The World's Most Expensive Cities 2010
"An increase in lending by banks to real estate is very good news for the property market”
Full article: Japanese Lenders Plan to Boost Property Loans on Bet Prices Will Recover
"McAllan says the hotels are highly profitable, generating net operating income margins of up to 50 per cent (excluding cost of finance, fees, maintenance and tax), making them an attractive investment.”
Full article: Getting a foot in the door of Japanese love hotels
"we’re now starting to see some investment opportunities in the real estate market.”
Full article: DIC Pension Fund Plans to Restart Investing in Real Estate
Full article: Osaka’s Biggest Building Boom in 20 Years to Worsen Office Glut
"Japan’s Teachers’ Mutual Aid Co- operative Society, which manages $7 billion on behalf of its members, may invest in real estate investment trusts for the first time"
Full article: Japanese Teachers’ Fund Mulls Investing in REITs to Hedge Risks
"AUSTRALIAN institutional investors are increasingly investing in commercial property in Asia in a bid to diversify"
Full article: Super fund managers widen their horizons in Asia
"As the Japanese economy starts to stabilize and grow, rents and property values will also improve"
Full article: Aviva likes Australia, Tokyo commercial property
"there are more distressed assets in Japan at cheaper prices"
Full article: LaSalle to invest $3.3 billion in Japan
"Sees Japan investment at least doubling in 1-½ years* Expects sales of distressed property assets to accelerate"
Full article: Reuters Summit-UPDATE 1-Pacific Alliance to invest more in Japan
"JAL Hotels alone operates 41 hotels in Japan and 17 hotels overseas"
Full article: JAL eyes selling all hotel operations to Hotel Okura
"Experienced Team to Capitalize on Opportunistic Investments in Japan"
Full article: Fortress $800 Million Cap Reached in First Yen Fund
"worth about S$60.5 million. The properties are nursing home and care facilities"
Full article: Parkway Life REIT buying six properties in Japan
"Jones Lang LaSalle aims to double annual sales at its Japanese subsidiary to some 10 billion yen"
"Property prices in Japan may be near the bottom because transactions are picking up as loan default rates begin to decline" Full article: Japan’s Property Set to Recover as Prices Near Bottom, S&P Says
"The number of properties and land sold at auctions supervised by the Tokyo District Court dropped 17 percent"
Full article: Tokyo Foreclosed Property Sales Fall First Time in Two Years
"The almost $3.5 billion fund has invested in real estate projects in Japan, China, South Korea, India and countries in South-East Asia, as well as Australia"
Full article: Merrill may sell Asia fund to BlackRock: report
"THE Government of Singapore Investment Corporation's property investment arm, GIC Real Estate (GIC RE), may list its China and Japan assets in the form of a real estate investment trust"
Full article: GIC may list China, Japan assets
"Kenedix said the new fund, with a five-year management period, would use capital acquired from Korean pension funds seeking stable long-term returns."
Full article: Kenedix to set up $110 mln Japan property fund
"The number of new apartments put up for sale in the Tokyo area jumped 54 percent in March from a year earlier, rising to a 38-month high, according to the Real Estate Economic Institute."
Full article: TPG among bidders to buy Japan's Anabuki-sources

Full article: Japan Properst says filed for bankruptcy protection
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"The U.S. real estate investment firm, which has $8.7 billion in Asian assets, will initially focus on Japan and Australia" Full article: LaSalle has $3 billion to invest in Asia property
"Major real estate companies, financial institutions and the Development Bank of Japan (DBJ) will jointly launch an investment fund in August to help domestic real estate investment trusts" Full article: Real estate trusts to get helping hand
"Tight credit is smashing Japanese property funds and developers, but investors are wondering what happened to all their distressed buildings." Full article: Distressed in Japan
"There used to be lots of players in this part of the real estate market," says Miller. "Now there are only half a dozen left. Bankruptcies are taking place among real estate companies, and there is good value in the sector." Full article: Miller takes presidency at Pacific Alliance Japan
Full article: Tokyo realtor sues Iraqi government for failing to pay rent for embassy building
Full article: J-REITs to Buy Fewer Japan Properties This Year
Full article: Joint, Japanese Developer, Files for Bankruptcy
"Proposed amendments to the Agricultural Land Law now in the Diet would allow a corporation to take a 25 percent stake in a farming operation instead of the current 10 percent, a measure that could make it easier to raise funds when a highly creditworthy company is involved in the farm business. The proposed changes would also allow a corporation to lease farmland for 50 years, up from the current 20 years." Full article: Banks see fertile ground in farms
"Google said Wednesday it will reshoot all photos in Japan for its Street View service after residents complained the 360-degree panoramic images provided a view over the fences around their homes." Full article: Google to reshoot street views of Japanese cities
Full article: Asian economies are likely to be the first to pull out of the global recession
"Tokyu Land Corp., will buy the 5,500-square-meter plot for 1.93 billion yen, one-tenth the price the metropolitan government initially expected" Full article: Tokyo takes a bath on land sale
"Nippon Life Insurance Co. is close to cutting a deal to purchase a building from American International Group Inc. in a prime location in Tokyo" Full article: Nippon Life to purchase AIG Tokyo building
"There's a growing consensus the market is gradually stabilising following a sharp and rapid deterioration" Full article: Japan's apartment market nears turning point
"State-run Development Bank of Japan will put 100 billion yen into a fund to finance purchases by real estate investment trusts and support property acquisitions by developers with a further 50 billion yen" Full article: Japan to Prop Up Ailing Property Market With $8.2 Billion Aid
Full article: 'Closet houses' give shelter to growing ranks of urban poor
"'Carlyle Asia Real Estate Partners II', has already received commitments of over $500 million from global institutional investors." Full article: Carlyle Group to raise $1 billion for property investments in China and Japan
Full article: UPDATE 1-Japan condo developer Azel to file for bankruptcy
"ANA Intercontinental Manza Beach Resort and ANA Intercontinental Ishigaki Resort open 1 April" Full article: Love hotels hitting market, finding few takers
"Real estate bankruptcies have caused love hotels to be offered for sale, but a lack of capital has found few prospective buyers, according to reports" Full article: Intercontinental to open two resorts in Japan
Full article: Japan's ruling coalition mulls fund to buy REIT assets
Nikkei: Fund aimed at supporting financial system could total 1 trillion yen
"In Osaka and five neighboring prefectures in the Kinki region of western Japan, some 22,000 condominiums were put on sale in 2008, far below 30,000-40,000 units on a yearly average that had been offered for sale in the same market previously since 1994." Full article: Nearly all of 465 units in Japan's tallest condo building sold off
"Japanese residential land prices fell to a 24-year low as job losses and wage cuts discouraged homebuyers, while tighter credit markets choked off funding for property developers." Full article: Japan Home Prices Slump to 24-Year Low as Recession Deepens
""We believe that 2009 and 2010 should provide excellent opportunities for real estate investing in Asia," Glenn Uren, the fund's portfolio manager said. "Savvy investors are cautiously exploring the region looking for undervalued and distressed assets."" Full article: Franklin Templeton raises $383 mln for Asian property fund
"Hong Kong-based alternative asset manager Pacific Alliance Group will buy up to 4.5 billion yen ($46 million) of convertible bonds issued by Secured Capital Japan (2392.T) and the two firms said they will also jointly invest in property and distressed debt." Full article: Pac Alliance, Secured Capital Japan to co-invest
Full article: Pacific Holdings Collapses as Japan Recession Dries Up Funding
Full article: Tokyo vacancy rates up for seventh straight month in February
"U.S. investment firm Prospect Co is buying up Japanese real estate investment trusts (REIT), expecting a turnaround in the market following the results of bidding for failed New City Residence Investment."
Full article: INTERVIEW-Prospect bets on Japan property market turnaround
"Many Japanese companies will this month be scrambling to secure the additional funds necessary to close their books at the financial year-end."
Full article: Fears rise as crisis tightens grip on Japan's property trusts
"Davinci Holdings, a Japanese real estate investor, is trying to sell three office buildings in central Tokyo which it bought for 443 billion yen ($4.5 billion) as it faces deadlines for loan repayments"
Full article: UPDATE 1-Davinci may sell $4.5 bln Tokyo properties-sources
"Ascott International has chosen the bustling shopping and entertainment hub of Shinjuku as the place to launch its Citadines brand in Japan. "
Full article: Ascott International to open its first Citadines property in Tokyo
"It also said it would start investing the equity from next month. “The purpose of commencing the new fund at the current situation is to establish and prepare an investment platform in order to accommodate sudden improvements in market conditions”"
Full article: KK daVinci plans fifth opportunity fund, writes down assets
"The number of maturing CMBS loans in Japan would reach 368, totaling JPY 3.4 trillion in the 2009-2012 period, the Moody's Investors Service revealed Monday."
Full article: Large amount of Japanese Mortgage -Bond loans to mature next year
"Lone Star [LS.UL], the Development Bank of Japan [DBKJP.UL] and Goldman Sachs Group Inc (GS.N) are among the final bidders for failed Japanese real estate investment trust New City Residence Investment Corp"
Full article: UPDATE 1-Lone Star, Goldman bid for failed Japan REIT-sources
AIG Puts Tokyo Headquarters Up for Sale to Repay Debt
Full article: Orix Real Estate was only bidder in controversial deal for Japan Post's inns
Full article: Japan looks a good home for your money
"LaSalle Investment Management said on Thursday it had invested about 20 percent of a $3 billion property fund, mostly in Japan and China"
Full article: LaSalle says has invested 20 pct of $3 bln Asia property fund
Full article: UPDATE 4-Japan developers cut forecasts on apartment slump
"Angelo, Gordon & Co., a real estate, private equity, distressed and hedge fund asset manager founded by two former L.F. Rothschild bankers, is seeking as much as $1 billion for its second Asia-focused property fund. "
Full article: Angelo Gordon Seeks Up to $1 Billion for Asia Real Estate Fund
"The Journal said first-round bids for the assets were placed on Tuesday. Companies showing interest include funds at Lone Star, Cerberus Capital Management LP [CBS.UL], Goldman Sachs Group Inc's (GS.N: Quote, Profile, Research) Goldman Sachs Japan Co., Blackstone Group LP (BX.N: Quote, Profile, Research) and a Nomura Holdings (8604.T: Quote, Profile, Research) unit"
Full article: UPDATE 1-Lehman's Japan real estate assets now on sale-WSJ
"Japan enjoyed a boost from real estate companies yesterday after the country's central bank said it would accept bonds of real estate investment trusts as collateral."
Full article: Real estate move boosts Japan
Full article: TEXT-BOJ statement on accepting REIT bonds as collateral
"Despite the heightened pressures on property values globally, the modest devaluation of BJT's property portfolio is reflective of the underlying quality and stability of the portfolio and the general resilience of the Japanese property market compared to other major international markets."
Full article: December 2008 property revaluations
Full article: Japan landlords best bet in Asia property downturn
"Sydney-listed property trust Challenger Kenedix is looking to buy more Japanese shopping malls, believing its portfolio will weather the country's recession well"
Full article: INTERVIEW-Challenger Kenedix eyes more Japan malls
"Japan’s government will extend credit lines of as much as 2 billion yen ($21.7 million) to small and midsize property developers as banks grow reluctant to lend"
Full article: Japan to Extend Credit to Real Estate Developers, Nikkei Says
"Although Japan is in a recession and its exports are affected by global economic challenges, our customers are employing further strategies to optimize efficiencies in their supply chain by locating in modern, infill distribution facilities," said Michael Evans, AMB's managing director, Japan & Korea. "In our core markets, including Osaka, we continue to see demand for the right product in the right location."
Full article: AMB Property Corporation Leases 130,000 SF in Osaka, Japan Port Development
"Tokyo overtook Shanghai as the best Asian city to buy real estate as investors seek less risky investment for 2009, a survey by the Urban Land Institute and PricewaterhouseCoopers LLP showed."
Full article: Tokyo Replaces Shanghai as Best Asian City to Buy Real Estate
"Tokyo takes the top spot for next year's real estate investment prospects among big Asian cities, with many foreign investors seeking opportunities in Japan's beleagured property market"
Full article: Keen to invest in Asian real estate, consider Tokyo
"AMP Capital Investors, the fund management arm of life insurer AMP, aims to raise up to A$3 billion ($1.94 billion; €1.51 billion) for a fund investing in Japanese shopping malls and Singapore offices."
Full article: AMP to raise A$3bn for Asian real estate
"Goodman Group (GMG), Macquarie Group Limited (MQG) and Japan Representative ("J-REP"), have established two wholesale funds to invest in Japanese logistics properties."
Full article: GMG, MQG establish Japanese property fund
"Also on the block are the management rights of the Babcock & Brown Japan Trust."
Full article: Babcock & Brown real estate fire sale
"The group led by Osaka-based Daiwa House will likely include Chuo Mitsui Trust & Banking Co., the report said. U.S. companies Goldman Sachs, Merrill Lynch & Co. and Aetos Capital LLC have also expressed interest"
Full article: Daiwa House May Sponsor Urban Corp. Rehabilitation, Nikkei Says
"As the real estate market struggles, opportunities are arising for distressed asset specialists."
Full article: Is Japan real estate poised for a gold rush?
"The latest figures from the Real Estate Economic Institute show that there are now just 203 real estate developers compared with 547 in 1995. And between January and September this year 425 real estate companies have gone out of business."
Full article: AP Land’s luxury project in Japan
"A consumption boost thanks to the Beijing Olympics and a hot summer, together with a rebound in housing investment and a rise in exports, are expected to have allowed Asia's largest economy to crawl ahead in the quarter. "
Full article: Japan may avoid recession, for now: Analysts
"The latest figures from the Real Estate Economic Institute show that there are now just 203 real estate developers compared with 547 in 1995. And between January and September this year 425 real estate companies have gone out of business."
Full article: Property prices in Japan fall as more real estate businesses go bust
"Japan offers the best investment opportunity in a global market for commercial property that may fall as much as 30 percent, said Sonny Kalsi, managing director and co-head of real estate investing at Morgan Stanley. "
Full article: Morgan Stanley's Kalsi Says Property Values to Fall
"Japan's biggest phone company said it would lift planned capital investment for this business year by 1.4 percent to 2.15 trillion yen ($22 billion), alloting extra funds for unit NTT Urban Development Corp to snap up valuable properties."
Full article: Japan's NTT hikes capex plan to buy property
"The Noel group was hit hard by sluggish sales of condominiums, while the Yamazaki group was hurt by dwindling public works projects, higher material prices and stricter industry regulations."
Full article: Japan Realtor Noel, Yamazaki Construction Go Bust
"Mitsubishi Real Estate Services became the exclusive affiliate in Japan of Christie's Great Estates, which offers luxury properties via membership magazines and the Internet."
Full article: Mitsubishi Estate, Christie's Units Tie Up
"DUET Group, a manager of private equity and hedge funds with US$1.9 billion of investments, announced plans to buy distressed assets in Japan yesterday"
Full article: UK firm eyes Japan realty bargains
"Invista Real Estate Investment Management aims to invest up to £100m of equity in Japan in a year after this week forming a joint venture with Japanese investor and asset manager Capital Services Group."
Full article: Invista to plunge £100m into Japan
"Japan Post Holdings Co., with $30 billion worth of properties across the nation, will redevelop sites in central Tokyo, Osaka and Nagoya as it turns to real estate as a new source of profit"
Full article: Japan Post to Redevelop CBD Sites, Profit From Real Estate
"Ascendas will launch a 100-billion-yen fund to invest over the next two or three years mainly in properties in the major Japanese urban areas of Tokyo and Osaka"
Full article: Singapore's Ascendas to Invest in Japanese Real Estate
"Japan launched an exchange-traded fund that focuses on real estate and will trade on the Tokyo Stock Exchange"
Full article: Real-estate ETF launches on Tokyo Stock Exchange
"Banks are claiming that high loans-to-value raise more uncertainties, but they shouldn't have any concerns about not getting the principal or interest back, as all the J-REITs are profitable"
Full article: Japan Should Help REITs to Merge, Mitsubishi UBS Says
"Bahrain investment bank Arcapita has hired a former Lehman Brothers' real estate executive to lead its Asian property team in Singapore"
Full article: Arcapita hires Lehman exec for Asia real estate unit
"Japan Post, which is seeking more than 20 billion yen of annual revenue for its real estate business within three years, owns 3 trillion yen worth of properties throughout Japan."
Full article: Taisei Wins Order to Build Japan Post Tower in Tokyo
"We see exceptional opportunities in Asian real estate over the medium and longer term"
Full article: Merrill bets on Asian property with US$2.65B fund
"We continue to see excellent opportunities to grow our presence in Japan"
Full article: ProLogis Acquires Buildings Near Tokyo
"Its failure could signal further trouble for the REIT sector"
Full article: UPDATE 1-Japan's first REIT fails, hit by credit crunch
"Japan Post Holdings Co. is stepping up construction activity in the hope of realizing annual real-estate profits of more than 20 billion yen (US$190.58 million) within three years"
Full article: Japan Post seeks 20 bln yen annual real-estate profits by 2011
"Secured Capital, with 550 billion yen ($5.2 billion) of real-estate assets, has already raised half of the new fund, Chief Investment Officer John Paul Toppino said. The company sees opportunities in the residential market, which is undervalued, Toppino said in a Bloomberg Television interview on Sept. 26. "
Full article: Secured to Raise $1 Billion for Real Estate in Japan
"Parkway intends to tap the aging population in Japan with its latest acquisitions. "
Full article: ParkwayLife REIT buys nursing homes in Japan for S$105.7m
"Debts left by the Yokohama-based firm totaled 30.9 billion yen."
Full article: Japan Real Estate Firm Landcom Collapses
Full article: Japan's Re-Plus files for bankruptcy
"Goldman Sachs Group Inc.'s Japanese golf business will hold its first promotional tour with investors overseas next month in a bid to tap new shareholders, especially in the U.K."
Full article: Goldman's Accordia to Hold Overseas Investor Tour
"Trends show a surge of interest in the Japanese property sector -- both domestically and internationally"
Full article: Northern Trust Launches First Dedicated Japanese REIT ETF (NYSE Arca: JRE) in the U.S.
"Major property investment funds are looking to the Far East and Asia as the best bets in the current global economic downturn."
Full article: Property investment funds look East
"There is a lot of interest in buying real estate right now both from domestic real estate investors and foreign investors"
JPMorgan eyes deals in Japan property market
"U.S. warehouse operator AMB Property Corp...will spend more than 200 billion yen ($1.84 billion) over the next four years to expand its distribution facilities in Japan and is considering acquisitions"
Full article: AMB Property to invest $1.8 bln in Japan: report

***Click Here for Current Japan Real Estate Listings***

August 2008

"We see a lot of opportunity in Japan, which contains 50 percent of the total value of real estate in Asia"
Full article: LaSalle raises $3 billion Asia property fund
"...the Abu Dhabi Investment Council, one of the region’s largest sovereign funds with assets of about $300bn, plans to expand the scope of its assets in Japan while the Kuwait Investment Authority aims to triple its Japanese investments to $48bn, most of which will be directed into Japanese real estate and stocks."
Full article: Japan is looking to Gulf SWFs amid economic gloom
"Dalton Investments LLC, the Los Angeles-based fund with 70 percent of its assets in Japan, will hire Yoshisuke Kiguchi, a director at Russell Investments, as it plans to invest more in Japanese stocks and real-estate funds."
Full article: Dalton Will Hire Russell Director to Boost Japan Investments
"Sebon Corp., a real estate developer that owns 85.25 percent of Asahi, folded with 62.1 billion yen (US$569 million) in liabilities"
Full article: Japanese real estate shares sink amid bankruptcies
"Merrill and other overseas financial firms may bid to acquire Urban to obtain its $4.4 billion of assets, two officials involved in the talks said yesterday. As many as 10 potential investors, including U.S. and European funds and Japanese real- estate developers, have asked to be included in the bidding process for the company"
Full article: Urban Corp. Rises on Speculation Merrill May Bid (Update2)
"So far this year, 8,916 companies have filed for bankruptcy in Japan, a third of which were in construction or real estate, according to data compiler Tokyo Shoko Research Ltd."
Full article: Japan Developers' Woes Grow
"Japan's market for investment in logistics real estate -- such as warehouses, distribution centres and ports -- is seen growing threefold within a few years as more players enter a sector considered stable even in an economic slowdown, an executive of LaSalle Investment Management said."
Full article: Japan logistics real estate market to triple--LaSalle
"several companies had expressed interest in helping the real estate developer get back on its feet"
Full article: Several cos interested in bankrupt Japanese real estate co Urban
"Babcock & Brown Japan Property Trust (BJT), which forecast a strong Tokyo office market to help it maintain the size of its distribution payments"
Full article: Babcock and Brown property trust maintains size
"Last month, condominium developer Zephyr Co. filed for court protection with debt of about 95 billion yen, while construction company Suruga Corp. went under in June with debts valued at 62 billion yen."
Full article: Builder Urban Joins Failures Of Japan's Real-Estate Sector
"KBC Asset Management UK said on Tuesday that it was looking to raise $300-400 million in equity for a Japanese property fund ahead of an anticipated boom in the world's second largest real estate market."
Full article: KBC eyes $1 bln Japan property fund
"Sales of office buildings in Japan jumped 103 percent to $12.6 billion in the six months ended June, while U.S. office sales fell 69 percent to $28.6 billion and the U.K. fell 64 percent to $11.4 billion"
Full article: Tokyo Property Sales Jump in First Half, Bucking Global Slump
"Its investment in Japan currently stands at $15 billion to $16 billion."
Full article: Kuwait to triple Japanese investment to $48 billion

***Click Here for Current Japan Real Estate Listings***

July 2008

"Mitsubishi Estate Co, Japan's second-largest property developer, is expected to post a roughly 39 billion yen ($360.6 million) group operating profit for the April-June quarter, up 45 percent from the same period a year earlier"
Full article: Japan's Mitsubishi Estate Q1 operating profit seen up 45 pct
"In the first five months of this year, 13 new Asia-focused private equity property funds were set up and raised a combined US$13 billion, said research firm Private Equity Intelligence (Prequin)."
Full article: Singapore: Private Equity Real Estate Funds In Asia Still Booming
"U.S. private equity firm Lone Star [LS.UL] will start extending loans for real estate deals in Japan, eyeing a rush of property to be put on the block by developers keen to raise funds"
Full article: Loan Star to launch real estate financing in Japan
"Nomura Real Estate Holdings Inc., part of the Nomura financial group, will buy the stake by the end of the year"
Full article: Toshiba sells majority stake in real estate unit
"Zephyr plans to hold a creditors meeting on Friday. After looking for potential suitors, it intends to submit a rehabilitation plan in mid-October."
"Areas that have been largely unaffected by inflation and the subprime crisis, like Toyko, are also attracting investors' attention."
Full article: World's best places to invest in real estate
"Alpha Investment, a wholly owned real estate fund management arm of Keppel Land, has more than 45 properties in eight countries in its portfolio."
Full article: Singapore's Keppel Land closes new real estate fund at $1.2 billion
"The Kuwait Investment Authority (KIA), which manages the Gulf Arab state's massive oil generated-assets, is looking at stocks, bonds and real estate in Japan...'maybe we can go to real estate,' he said when asked about investments specifically in Japan."
Full article: WRAPUP 1-Kuwait's KIA to boost Asia exposure, shares, bonds
"The average price of a condominium unit in Osaka was 37.72 million yen, up 7.8 percent. The average price per square meter rose 2.5 percent to 486,000 yen."
Full article: Tokyo condominium sales down for 10th month in June on tighter regulations
"Investors in real estate in Japan, such as Morgan Stanley and Blackstone Group LP, are focusing on longer-term investments as financing becomes more expensive because of the global credit crunch. "
Full article: Morgan Stanley, Blackstone Shift Japan Property Focus (Update1)
"The bank will keep WIB Real Estate Finance Japan Co, a real estate finance division, in Japan"
Full article: WestLB says closing Japan banking, brokerage operations
"In the year to last July, the average price of land at Niseko jumped 37.5 percent"
Full article: Boom time for Hokkaido ski resort area
"Activist fund Dalton Investments KK said it could raise up to about $450 million to invest in struggling Japanese real estate investment trusts"
UPDATE 1-Reuters Summit-Dalton to raise $950 mln
"Nationwide average prices increased 10 percent"
Full article: Japan Land Prices Gain for a 3rd Year on Investment
"Industrial & Infrastructure faces competition from AMB Property Corp., Japan Logistics Fund Inc. and ProLogis, the world's biggest publicly traded warehouse developer, which plans to double its investment in Japan over the next three years."
Full article: Industrial REIT Cancels Share Sale, Stock Surges
"Land prices in Tokyo rose 17.5 percent last year in the biggest increase by far since Japan's bubble years"
Tokyo land prices rise 17.5 pct, nationwide 10 pct

***Click Here for Current Japan Real Estate Listings***

June 2008

"People who have moved to Okinawa Prefecture are increasingly buying privately owned plots of land located within U.S. military and Self-Defense Forces bases for investment purposes, local real estate brokers said Sunday."
Full article: Private plots in Okinawa bases becoming popular investment vehicle
"Japan's top general leasing company, has decided to invest 300 billion yen ($2.83 billion) in office buildings, condominiums and hotels in Japanese cities in 2008"
Full article: Japan's Orix to step up property investment -media
"In the property world, the momentum appears to be with Asia. "
Asia property on a roll, but is easy money elsewhere?
"ING Real Estate, a unit of Dutch financial group ING ING.AX, is looking to raise $300-500 million in the second half of this year to buy offices, industrial buildings and shopping centers in Japan, he said."
Full article: ING Real Estate plans China and Japan funds
"some analysts are of the view that Asia is looking more attractive now amidst the current economic uncertainties in the US and Europe. There is a good basis for this optimism about Asia."
Asia's real estate market remains optimistic: Grace Fu
"Citco REIF (Real Estate Investment Fund) Services, the expert in real estate fund administration, is to open a new office in the Shiroyama Trust Tower in Tokyo, Japan."
Full article: Citco REIF builds Tokyo presence
"The French financial services conglomerate will look to buy nonperforming loans"
Full article: BNP Paribas to set up 80 bln yen turnaround fund in Japan - report
"Total real estate returns, including capital gains and rental income, reached 14.7 percent last year, compared with 13.1 percent in 2006 and 4.1 percent in 2005, according to the MTB- IKOMA Real Estate Index."
Full article: Japan Office Investment Return Growth Slowing, Survey Shows
"The fund will target office buildings, commercial facilities and apartment buildings, among other properties."
Full article: Australian fund MGPA to invest 500 bln yen in Japanese real estate
"A fund affiliated with the Abu Dhabi emirate of the United Arab Emirates intends to invest 10 billion yen in a private hospital"
Full article: Abu Dhabi fund to invest Y10 bil in Kobe hospital
"The introduction last year of tighter building permit rules affected condominium starts"
Full article: Tokyo May condominium sales down for 9th month on tighter building regulations
"Japan said on Wednesday its economy powered ahead at a 4.0 percent annualised pace"
Full article: Japan's economy surges ahead in first quarter
"The goal is to exempt investors from the corporate tax if they meet four conditions ensuring that their assets are managed by domestic management firms"
Full article: Japan to Clarify Tax Rules for Foreign Investors, Nikkei Says
"Mariner Financial Ltd., an Australian financial services provider, won't start planned German and Japanese property funds because of the tightening in credit markets"
Full article: Mariner Shelves German, Japan Property Fund Plans, Review Says
"Japan's second-largest home builder had announced just last month that it would list Daiwa House REIT Investment Corp on June 19, raising about 60 billion yen in what would have been the first REIT public offering in Tokyo in eight months."
Full article: Japan's Daiwa House scraps REIT IPO
"It has become more difficult for workers to purchase condos in the Tokyo area due to slack growth in their incomes and rising land prices
Full article: Tokyo condos unaffordable, average price 8 times annual income+
"Singapore's CapitaLand has announced that it will double its investments in Japanese shopping malls in the next two years, Mr Chung says. '[Other] Singapore real estate players, especially those with ready cash in hand, should [also] look seriously at Japan for good buys.' "
Opportunities abound in Japan
'Japan continues to provide many strong investment opportunities and we expect further rental growth in good locations,' RREEF's Germany chief executive, Holger Naumann, said in the statement."
Full article: German fund buys Tokyo office block for $182 mln

***Click Here for Current Japan Real Estate Listings***

May 2008

"Dalton Investments LLC, the Los Angeles-based fund with 70 percent of its assets in Japan, plans to raise about 30 billion yen ($286 million) for a fund that will buy into the nation's real estate investment trusts."
Full article: Dalton Plans $286 Million New Fund to Invest in Japanese REITs
"'the value of residential properties in big Japanese cities has been quite stable' in recent years"
Full article: Japan a good buy in contrary trend
"The Land and Infrastructure Ministry said 41 of the 100 sites it surveyed nationwide registered price increases in the quarter, down from 87 in the preceding quarter. The ministry also said nine sites logged prices declines, compared to only two sites in the Oct. to Dec. period."
Full article: Japan's CPI falls to 0.9% in April on gas-tax holiday
"Tokyo's commercial real estate prices have to come down to spark a rebound in transactions"
Full article: Tokyo Property Prices Must Dip to Spark Sale, CBRE's Torto Says
"An apartment complex owner, who claims he lost tenants and was forced to pull down the structure after a policeman murdered a female resident"
Landlord sues gov't after losing tenants following police shooting of resident
"residential land prices in the district were the highest in the country in fiscal 2006 and fiscal 2007, overshadowing those in Tokyo’s 23 wards"
Full article: Hokkaido town curbs resort development
"Japan's leading real estate firms...have begun proposing big rent rises in the central Tokyo an average 10-15 percent."
Full article: UPDATE 1-Japanese property firms eye big rent rises in Tokyo
" Morgan Stanley, the second-biggest U.S. securities firm, is cutting as many as 25 jobs at its Japan real estate securitization unit, the second round of reductions this year"
Full article: Morgan Stanley Reduces Securitization Jobs in Japan (Update2)
"Although high-end shopping and office complexes have been completed in the Roppongi district in recent years, the redevelopment boom shows no signs of slowing down."
No slowdown in redevelopment of Roppongi
"In February, Bloomberg reported that U.S. investment bank Morgan Stanley purchased Citigroup's (NYSE: C) Tokyo headquarters for ¥48 billion ($456 million). Morgan has made $18 billion in real estate investments in Japan over the last decade. Merrill Lynch (NYSE: MER) is currently raising $2.5 billion to $3 billion for an Asia-Pacific real estate investment fund that will target investments in countries including Japan."
Full article: Sell China, Buy Japan
"The effect of a revision in construction rules that caused housing starts to decline is beginning to subside"
Full article: Tsuda Says Japan Economy to Regain Momentum as Housing Recovers

***Click Here for Current Japan Real Estate Listings***

April 2008

"it chalked up a record operating profit of 177.98 billion yen ($1.7 billion) for the fiscal year to March 2008, up 7.1 percent from a year earlier thanks to a recovery in property prices and rents as the local economy moves away from years of deflation."
Full article: Japan's Mitsubishi Estate posts record operating profit on rent recovery
"Japan's Mizuho Financial Group Inc cut a third off its earnings estimate for the year just ended, stung by $5.5 billion in subprime-related losses, mostly at its brokerage arm."
Full article: Japan's Mizuho stung by $5.5 bln in subprime pain
"Domestic banks, insurers and other financial institutions are likely to suffer combined losses of more than 1.2 trillion yen related to subprime mortgage loans in fiscal 2007 on a consolidated basis"
Japan financial firms face 1.2 tril. yen subprime losses
"Japan's government will give tax breaks to Tokyo developers to revive a slowing property market"
Full article: Japan Offers Builders Tokyo Tax Breaks to Revive Hub (Update2)
"Global real estate financing has evaporated as defaults by U.S. homeowners saddled banks and securities firms with $232 billion of losses and asset writedowns"
Full article: Akira Mori's Real Estate Riches Retreat in Japan Credit Squeeze

***Click Here for Current Japanese Real Estate Listings***

March 2008

"The risk appetite for investors has reduced a little bit and is focused more on established markets like Singapore, Japan and South Korea"
Full article: Pacific Star to raise $2 bn for Asian property fund
Commercial land prices went up most markedly--by 40.1 percent--around JR Sendai Station in Sendai.
Land prices jump in Sendai, Fukuoka, Nagoya
"Japanese land prices rise again: Residential 1.3%, Commercial 3.8%"
Full article: The kouji-chika, appraised land value, published by the Ministry of Land, Infrastructure & Transportation
"Fitch sees Japanese real estate companies like Mitsubishi Estate Company, Mitsui Fudosan Co and Sumitomo Realty & Development Co. Ltd continuing to benefit from this positive leasing environment in the country"
Full article: Japan's big real estate companies' ratings see little impact of slowdown - Fitch
"J-REP is 52 percent owned by a joint venture between Macquarie, Australia's biggest investment bank, and Goodman Group, Australia's biggest industrial real estate investment trust."
Full article: J-REP Agrees to Buy Japan Warehouses, Centers for $712 Million
"``We're seeing a steady flow of deals'' in Japan."
Full article: Japan Private Equity to See Little Subprime Impact, Folsom Says
"The acquisition from Caymans Island-registered Tancho Investments will enable it to broaden its income into the property development sector in Japan."
Full article: AP Land makes foray into Japanese real estate
"Rubicon Japan Trust said it would not be able to meet an expected margin call from National Australia Bank on about $30 million of foreign exchange hedging contracts. It blamed a rise in the value of yen"
Full article: Trading halted on Japanese real estate trust
"The Bank of Tokyo-Mitsubishi UFJ is going to lose at least ¥1 billion in bad loans linked to the same Tokyo real estate agency that has allegedly caused more than ¥10 billion in losses at Sumitomo Mitsui Banking Corp."
Full article: BTMU to lose ¥1 billion in loans linked to realtor
"``Small- to medium-sized fund managers have a huge issue about getting financed. They have to dispose of a lot of properties.'' "
Full article: GE May Buy $10 Billion of Japan Property as Crunch Spurs Sales
"Redevelopment plans are under way that will drastically change the cityscape on the south side of JR Kyoto Station, including the opening of a large-scale commercial facility and other projects to be completed as early as autumn."
Big changes approaching for JR Kyoto Station's south side
"If Goldman obtains more than half the 835 members’ votes on March 19, it can go ahead with its plan to rehabilitate the club. If it loses, private Japanese company Mori Invest is the most likely candidate to buy a majority stake in the club"
Full article: Goldman Sachs finds the rough in Japan
"``Hotels are making money hand over fist as they continue to raise prices in major cities,'' said Ford. ``The problem is these prices have led to record profitability, which means record asking prices for hotels."
Full article: Lone Star Drops Planned $1.7 Billion Japan Hotel Sale
"sovereign wealth funds such as Government of Singapore Investment Corp., or GIC, have been stepping up investments in the Japanese market"
Full article: Sovereign funds eye Japanese REITs

***Click Here for Current Japanese Real Estate Listings***

February 2008

"transactions outside of Tokyo shot up 60 percent"
Full article: Japan to postpone limiting foreign investment in airports
"transactions outside of Tokyo shot up 60 percent"
Full article: Commercial Property Transactions in Japan up 27 percent in 2007
"The amount is 60 percent more than the 50.1 billion yen Morgan Stanley agreed to pay in 2004 for the Westin from Sapporo Holdings Ltd."
Full article: GIC Buys Westin Tokyo Hotel From Morgan Stanley Fund (Update2)
"The report includes Tokyo plus those in 87 surrounding cities and towns, as well as Yokohama, Kawasaki and Chiba"
Full article: Tokyo expected to remain world's most populated area in 2025: survey
"While banks in the U.S. and Europe are writing down billions of dollars in subprime losses, Japanese banks have been surprisingly stable."
Full article: Japan's Banks: Immune to Subprime Pain?
"the firm wanted to build and buy between 20 and 30 elderly residences over the next two to three years"
Full article: Carlyle wants $1 bln of Japan elderly homes, eyes REIT
"Morgan Stanley...bought Citigroup Inc.'s Tokyo headquarters, adding to more than $18 billion of property investments in Japan"
Full article: Morgan Stanley Buys Citigroup's Tokyo Headquarters (Update2)
"Mitsui Fudosan Co., the nation's largest developer, will buy Frontier REIT from Japan Tobacco Inc. on March 24"
Full article: Japan Stocks Rise, Led by Trading Companies, on Profit Outlook
"Even as it trims the securitization unit, Morgan Stanley plans to expand the division that invests in real estate in Japan"
Full article: Morgan Stanley to Cut 40 Jobs in Japan, People Say (Update2)
"total losses from the US subprime loan crisis more than doubled to 5.6 billion dollars in the final three months of 2007"
Full article: Japanese banks' subprime losses hit 5.6 bln dollars: government
"The vacancy rate in the five central wards dropped in January to 2.55 percent"
Full article: Landlord's market: Tokyo office vacancies near seven-year low
"``The maximum losses of Japanese financial institutions are up to 1 trillion yen ($9.4 billion) or so, not big enough for the government to act.'' "
Full article: Yosano Says Japan Banks Must Write Off Subprime Loss (Update2)
""There is no question the buying opportunity is now," said Yuya Shimizu, who looks for buys in Japan's $40 billion REIT market at Dalton Investments. "The number of attractive REITs has increased significantly.""
Full article: Japan's battered REIT market headed for shakeout

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January 2008

"With economic growth continuing to outpace other regions, Asia Pacific real estate markets remain extremely strong. Volumes reached US$121bn, representing an increase of 27 percent from 2006. Japan continues to dominate Asia Pacific markets with approximately 50 percent of regional volumes."
Global Direct Commercial Real Estate Investment Reaches Record Levels in 2007 Despite Credit Crunch
"Housing starts will return to a high level when the effect of the toughened building code runs its course"
Full article: Housing starts forecast to jump 24.5% in FY 2008
"REITs in Japan, which could end up rising by as much as 50% in 2008, says Citigroup's Tokyo-based property analyst Yoshizumi Kimura"
Full article: Asia's Hot Property: Real Estate Stocks

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December 2007

"U.S. investment banks Morgan Stanley and Lehman Brothers are among the bidders for a stake in Japanese house builder Daito Trust Construction Co , sources familiar with the deal said, in what could stack up to be one of the biggest buyouts ever in Japan"
Full article: Goldman, Morgan Stanley bid for Daito stake: sources
"Morgan Stanley, Deutsche Bank AG, and other investment banks are on track to sell a record amount of bonds tied to real estate in Japan, where rising property prices have created a safe haven from the subprime concerns afflicting other markets."
Full article: Japan's CMBS Market `Resilient' Amid Subprime Rout
"ING Group NV plans to create a Japanese real estate fund with more than 100 billion yen ($910 million) in assets"
Full article: ING to Create Fund to Buy Japanese Real Estate, Nikkei Says
Full article: Lending, not subprime, real worry for Japan banks
"Bank of Japan Governor Toshihiko Fukui said Monday that the subprime mortgage crisis is unlikely to seriously impact the Japanese financial system because of a limited exposure to credit markets"
Full article: BOJ chief says subprime crisis unlikely to affect Japanese financial system

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November 2007

"they now account for 50 per cent of all new property purchases"
Full article: Foreigners buying half of Japan
"The center will be added to ING Real Estate's Asia Retail Fund, ING said."
Full article: ING Real Estate purchases 56,321-m² North Port Mall in Japan
"'We have zero direct investments in subprime mortgage-related products,' said Yoshinobu Tsutsuji, a managing director at Nippon Life Insurance, Japan's biggest insurer."
Full article: Japan insurers see limited subprime mortage impact
"Japanese heavy machinery maker IHI...said on Monday it would sell property in Tokyo to Dai-ichi Mutual Life Insurance Co"
Full article: Japan's IHI to sell property for $710 mln
"Japanese heavy machinery maker IHI...said on Monday it would sell property in Tokyo to Dai-ichi Mutual Life Insurance Co"
Full article: Japan's IHI to sell property for $710 mln
"The Tokyo Stock Exchange REIT index has fallen even as land prices advanced."
Full article: Real estate investment trusts are poised for takeover in Japan
"Fortis Investments, which has about 130 billion euros ($190 billion) in assets under management, will launch two new "funds of funds" -- funds that hold a portfolio of other investment funds -- focused on European and Asian property."
Fortis Invest eyes Japan pension funds
"The Paris-based company will invest in office buildings, bringing the value of its property in Japan to 160 billion yen ($1.5 billion) in the next three years"
Full article: Societe Generale to Increase Japan Property Investment 5-Fold
"The value of its Japanese serviced-apartment operation will about $300 million once the expansion is done"
Lehman to double serviced apartments in Japan to 14,000
"Blackstone is believed to be among several parties interested in Solare"
Full article: Lone Star selling Japanese hotel operator: sources
"A merger would create a bank that...would be strong in specialised areas such as real estate and in targeting wealthy clients"
Full article: Sumitomo Trust and Aozora to form alliance -paper
"Boubyan Global Real Estate Fund, sponsored by Boubyan Bank, has acquired three office properties in Tokyo for JPY 4.38 billion"
Full article: Boubyan Bank to launch Japan's 1st Islamic real estate finance
"One senior Japanese banker, commenting on Japanese banks' relative lack of exposure to the US subprime market, confessed that many banks had not even figured out whether to invest in subprime before the whole thing came crashing down."
Full article: No safe place for Japanese banks
"...real estate transactions in Japan rose 16 per cent in the first half of this year to more than $30bn and comprised 55 per cent of all transactions in the Asia-Pacific region, according to Jones Lang LaSalle"
Japan's solid foundations for investors
"Office rent in the capital is heading for the biggest gain since 2004, rising 10 percent on average so far this year. Rent rose 8.8 percent in 2006 and 1.5 percent the year before."
Full article: Tokyo October Office Vacancies Fall to Six-Year Low (Update1)
"The tighter rules have slowed the application process for construction plans and have led to a large number of rejected blueprints"
Housing starts plunge by 44%

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October 2007

"It is extraordinary to watch the Government trigger the collapse of an entire sector of the economy with the stroke of a pen, said Macquarie chief Japan economist, Richard Jerram."
Full article: Quake law sends tremors through Japan
"Sapporo Holdings Ltd. and its subsidiary Yebisu Garden Place Co. will tie up with Morgan Stanley Japan Securities Co. to jointly manage properties"
Full article: Sapporo, Morgan Stanley to tie up
"Property investment in Japan grew 16 percent to a record $30 billion in the first half of 2007, reflecting Japan's solid real estate market, consultancy firm Jones Lang LaSalle Inc "
Full article: Japan property investment hits record in H1-report
"Corporates are also in good shape, as strong banking relationships are helping Japanese companies maintain strong liquidity"
Full article: Subprime impact on Japan limited - Moody's
"The problem in Japan, on the other hand, is that the market for land- and housing-related securitization is so underdeveloped."
Full article: Japan should study U.S. housing crisis, end land price stagnation
"Japan downgraded its assessment on the housing market for the first time in six months in its monthly report"
Japan Cuts View on Housing Market
"The new company, Morgan Stanley Japan Holdings Co., will control such group firms as Morgan Stanley Japan Securities Co., Morgan Stanley Asset & Investment Trust Management Co., hotel operator Panorama Hospitality K.K. and Jipang Mortgage Finance Co. "
Full article: Morgan Stanley to Set Up Holding Firn in Japan
"SGAM Alternative Investments (SGAM Al) Real Estate Investment Management (REIM) business plans to open its Japanese investment fund for a second round of capital raising in December"
Full article: SGAI to reopen Japan real estate fund for Christmas
Full article: Japan back from Bubble
"ProLogis will double its Japan portfolio to 1.12 trillion yen ($9.5 billion) in the next three years"
Full article: ProLogis Plans to Double Investment in Asia and Japan
"The problems -- unrelated to the housing sector troubles in the United States -- stem from rules introduced by the government after a scandal in 2005 over falsified engineering data for apartment blocks."
Japan's housing woes to hit growth, shackle BOJ
"The ratings agency Standard & Poor's said its rating on the Nomura group would not be affected by its loss, citing its generally solid performance in other segments like domestic operations."
Full article: Japan's Nomura will shut U.S. mortgage business
"Most land is no dearer than in the 1970s."
Full article: Property in Japan: Back from the grave
"Goldman Sachs Group Inc...plans to buy Japanese property company Simplex Investment Advisors Inc. for 124.7 billion yen ($1.1 billion) "
Full article: Goldman Plans to Buy Japan's Simplex for $1.1 Billion
"Goldman's buy-out spree has established it and Lone Star as the leading golf club owners in Japan in a market estimated at Y1,000bn in which the tide appears to be turning"
Goldman golf club in Japan falls below par
"In its latest Global Capital Flows, Jones Lang LaSalle says that Australian investors placed $US4.4 billion ($5.4 billion) overseas, with the largest share going to Japan (23 per cent), followed by Singapore with 9 per cent."
Full article: Investors turn to Japan, Singapore
"`Land values in prime locations in Tokyo and the other major metropolitan areas have been enjoying very, very strong appreciation over the last one to two years,' said Jack Chandler, chief executive of LaSalle Investment Management's Asia-Pacific operations.."
Full article: Goldman to Invest $1.7 Billion in Japan Property Boom
"Banking analysts have said Japanese firms have little to fear from the subprime market squeeze because they have made relatively small investments in the mortgage-backed products"
Full article: Japan investigating subprime exposure

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September 2007

"Fortunately, Japanese financial institutions' investment in subprime loans was tiny, meaning there is currently little danger for this country...They were also protected by the relatively low volume of their financial transactions due to the delay in the nation's financial deregulation."
Subprime loans a sweet poison / Japanese lenders in the clear, but more by luck than judgment
"Union Investment Real Estate currently has 10 properties worth 500 million euros (705 US dollars) in the region. 'We would like to grow the portfolio value to at least 2 billion euros'"
German fund manager eyes Asia properties
"Mitsui Fudosan Co. is in the final stage of talks to buy a stake of about 33 percent in Imperial Hotel Ltd. for about ¥90 billion"
Full article: Mitsui Fudosan targets stake in Imperial Hotel
"Land prices in Japan's three largest metropolitan areas rose for a second-straight year, and nationwide commercial land prices rose for the first time in 16 years"
Full article: Land Prices in Japan's Top Cities Gain a Second Year
"Commercial land prices in Japan rose for the first time in 16 years, according to government data released on Wednesday"
Full article: Ginza deals show recovery in Japan property
"The ongoing U.S. subprime mortgage problem has had no serious impact on the Japanese economy, Finance Minister Fukushiro Nukaga said Tuesday."
Full article: No serious fallout from U.S. subprime woes
"Real estate transactions continue at a brisk pace in Japan, with Toshiba expected to be the latest to cash out on a prime building in the central Ginza district in Tokyo"
Full article: Toshiba To Sell Its Ginza Office Block

Full article: Analysts get bullish on Japan
"Akiyama will oversee the largest commercial real estate services company in Japan, with 800 employees in 20 offices. Formerly known as Ikoma, CB Richard Ellis"
Full article: Akiyama Takes Reins at CBRE Group in Japan
"Pacific Century Premium Developments Ltd (PCPD), a real estate development arm of Hong Kong telecommunications giant PCCW Ltd, has purchased resort developer Nihon Harmony Resorts KK"
Full article: Hong Kong's PCCW acquires Hokkaido resort developer
"Tokyo Star Bank Ltd., the Japanese regional bank controlled by U.S. buyout firm Lone Star Funds, raised earnings forecasts "
Full article: Tokyo Star Raises Profit Forecast on Property Sales
"Putting it simply, love hotels have a stable source of revenue"
Latest investment tip: Have a dabble in the hot love hotel market

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August 2007

"In the latest sign that select Japanese real estate has regained its allure, Goldman Sachs Group Inc. is finalizing a $318 million deal to buy Tiffany & Co.'s flagship property in Tokyo"
Full article: Tokyo Property Lures Goldman
"The subprime problem in the U.S. may bring some opportunities in Asia," said Yoshida. "Real estate funds focusing on Asia investment may increase."
Full article: GE Real Estate may increase holdings in Japan 60% this year
"Kenedix and Pacific Management, the second- and third-largest real estate asset managers in Japan, may buy smaller rivals as they find it harder to find bargains in Tokyo's resurgent property market"
Full article: Japan real estate firms look at buying smaller rivals
"Average monthly rents for premium office buildings advanced 6.2 percent in the second quarter from the previous quarter to a 13-year high ?46,308 per tsubo, or $118 per square meter, according to a report last week by real estate broker Jones Lang LaSalle"
Full article: Japanese pension fund group eyes real estate
"Global investment firm Blackstone Group is opening a real estate office in Tokyo to hunt for deals in Japan's booming property market"
Full article: Blackstone opens real estate office in Tokyo: sources
"Fujiya Co. said Monday it will sell a building in Tokyo's Ginza area to an arm of the U.S. financial giant Goldman Sachs for 9.3 billion yen"
Full article: Fujiya to sell a building in Ginza
"The new BGI fund is based on an index that has more than 330 components, and its largest country is Japan at roughly 22%, followed closely by Australia. All three funds include Westfield Group as their largest component, while Land Securities Group PLC is also included in the top ten holdings for all three."
Full article: BGI's New International REIT ETF Is Heavy On Japan
"unlike the late 1980s, when Japan's economic boom created one of the greatest bubbles of all time, this time around, the growth is steady, healthy, and building a solid base"
Full article: Day of Reckoning!
"Japan has seen a major boost to its luxury hotel market recently. The Conrad, Mandarin Oriental and Ritz Carlton are all boosting the number of high-end rooms in Tokyo. The Peninsula is also scheduled to open in September. Meanwhile, Morgan Stanley plans to acquire IHG ANA?s 13 hotels in Japan for US$2 billion (?280 billion) ? one of Japan?s largest real estate transactions and one that has attracted massive media interest. "
Full article: New Dawn for Japan's Tourism
"Nine capital cities -- Sapporo, Sendai, Tokyo, Yokohama, Nagoya, Kyoto, Osaka, Kobe and Fukuoka -- saw more than 20 percent increases in average land prices this year. "
Full article: Japan's average land prices surge 8.6% this year
"The price of land in this area rose 33.3 percent compared with the previous year to hit 24.96 million yen per square meter, bringing the price of a piece of land the size of a postcard to about 369,000 yen."
Land in Tokyo's Ginza fetches 24.96 million yen per square meter

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July 2007

"Royal Bank of Scotland (RBS) and private real estate group Grosvenor have traded the first-ever Japanese property derivative"
RBS and Grosvenor trade first Japan property swap
"Japan, China and Singapore represented the strongest real estate markets in the region"
Full article: Global Real Estate Investment of $382 Billion in First Half of 2007 Surpasses Full-Year 2003 Figure
"The institute said developers are holding back on sales of completed condominium units in the 23 wards because they expect prices to climb later on the back of increasing land prices"
Fewest Tokyo condos on sale since '94
"Japanese bonds backed by commercial property loans or protected for inflation are ``attractive'' as prices may rise at a faster pace in the next three to five years, according to Pimco Japan Ltd. "
Full article: Pimco Favors Japan Mortgage, Inflation-Linked Bonds
"The economy is so healthy it's bad for business, according to Mitsuo Hirose, who heads golf operations in Japan for John Grayken's Lone Star Funds. "It used to be we'd just buy and buy," Hirose, 70, said of the company's roster of 111 Japanese golf courses. "But now, because prices went up so much, we have to be very careful about acquisitions." "
Full article: Lone Star's acquisitions of golf courses suffering in economic recovery
"Global development and real estate company AMB Property Corp. said Monday it bought eight facilities in Japan."
AMB Property Buys 8 Japanese Facilities
"Japan's Mitsubishi Estate Co plans to begin developing properties in regional cities "
Full article: Japan's Mitsubishi Estate looks outside Tokyo to develop properties
"Property investors Redwood Group and Galileo Japan Trust acquired about $520 million of Japanese real estate"
Full article: Galileo and Redwood buy as land prices recover in Japan
"Morgan Stanley, which has been profitable in each of the past 10 years, reaped the benefits of a growing securitisation market, particularly real estate securitisation. It has formed tie-ups with Japanese regional banks to build a thriving new business securitising home loans provided to people who previously could not take out mortgages."
Full article: Record revenues for foreign banks in Japan

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