Hidden Billions in Tokyo Real Estate Lure Activist Hedge Funds

Consider the large difference between book value and market value in Mitsui’s Tokyo Midtown building — a 54-story skyscraper in the heart of the city’s buzzy Roppongi area that includes offices, a Ritz-Carlton hotel, and retail and dining facilities. Mitsui developed and opened the property in 2007. ( read original story ...)

Tokyo’s Public Toilets Will Leave New Yorkers Sobbing

Wim Wenders’s tender and lovely film Perfect Days has fired me up with a new object of desire: public bathrooms as clean and beautiful as those in the Shibuya neighborhood of Tokyo. In the film, Koji Yakusho plays Hirayama, ( read original story ...)