OSAKA, JAPAN—Conrad Osaka is now open here. It is the brand's second property the country. Located on the 33rd to 40th floors of the Nakanoshima Festival Complex between the Umeda and Namba districts, all 164-guestrooms have floor-to-ceiling windows with ... ( read original story ...)
Second Japan Property for Conrad Hotels & Resorts
The Conrad Hotels & Resorts brand celebrates further expansion in Japan today with the opening of Conrad Osaka. Situated on the 33 rd to 40 th floors of the Nakanoshima Festival Complex, and located on the prime stretch between the Umeda and Namba ... ( read original story ...)
Osaka ‘minpaku’ services see surge in complaints amid tourism boom
OSAKA – The city of Osaka has been struggling to respond ... The city is also trying to track down such service providers through property owners, but efforts have been blocked by privacy rules. “Having no means of investigation, we’re up against ... ( read original story ...)
Ginza Land Prices Are Flashing a Warning Sign in Tokyo
Now some investors surveying Japan’s property market are anticipating price corrections. Satoshi Horino, president of Mori Trust Asset Management Co., said he is hearing stories about appraisers calculating returns based not just on purchase price and ... ( read original story ...)
CapitaLand aims to double assets in Japan to S$5 billion
TOKYO -- CapitaLand, Southeast Asia's largest property company, is increasing its Japanese property acquisitions, mainly in Nagoya, Osaka and Tokyo, in an effort to double assets under management there to 5 billion Singapore dollars ($3.6 billion ... ( read original story ...)
Priced out of the country: Houses in Sydney and Melbourne are so expensive that Australian first home buyers are snapping up properties in JAPAN
I was purchasing as a bit of an investment opportunity in Niseko, Japan, along with with two other friends,' Mr Linabury told Daily Mail Australia. 'When you look at the comparative price of property in Japan, and then take into account splitting it three ... ( read original story ...)
Osaka cops nab 6 in dumping of body of ex-yakuza
OSAKA (TR) – Osaka Prefectural Police have arrested six persons, including a corporate executive, for allegedly dumping the body of a former gang member found buried on a property in Izumi City, reports Mainichi Broadcasting System (June 1). In the ... ( read original story ...)
Starhill Global Reit sells Japan property for $5.1m
It only formed 0.1% of the company's portfolio by asset value. According to OCBC investment research, Starhill Global REIT (SGREIT) recently divested its entire beneficial interests in the Harajuku Secondo Property for a cash consideration of JPY410.2m ($5 ... ( read original story ...)
Is China’s economy turning Japanese?
But for Mr Xi another historical event from the same era may warrant more immediate attention. It is just over 30 years since Japan began inflating a property and stock market bubble whose implosion ravaged public confidence, cowed corporations and scarred ... ( read original story ...)
Deceased donor leaves ¥40 million, property in Osaka to 3/11 orphans
SENDAI – An anonymous person has willed roughly ¥40 million in savings and about ¥17 million in property to Iwate, Miyagi and Fukushima prefectures on the condition the funds be used to support those orphaned by the 2011 earthquake and tsunami. ( read original story ...)
Japan pushes for lower taxes on indoor farms
the property tax levied on land used for indoor farming averaged 12,000 yen ($107) per 10 ares for the year through March 2016. That is more than 10 times the 1,000 yen rate for farmland. Industry backers, including the Japan Chamber of Commerce and ... ( read original story ...)
Japanese firms are employing ROBOTS to replace the plummeting working-age population
Japan's working-age population peaked in 1995 at 87 million ... They are also being sought by property developers, food and beverage makers and hotel chains. The Hen na Hotel, or the 'Odd Hotel,' near Tokyo Disneyland, for example, bills itself as a ... ( read original story ...)
Tokyo property continues to offer safe-haven appeal
When one thinks of overseas property investments, the UK -- and London in particular -- is probably the first destination that comes to mind for most well-to-do Thai investors. In reality, there are several other residential markets outside Thailand that ... ( read original story ...)
Demand for condos slowing in Tokyo but growing in Osaka
Demand for condominiums in Osaka is growing, not just from wealthy people but from family households, with the increasing supply of affordable rooms, in stark contrast to falling demand for property in central Tokyo. The number of new condos listed for ... ( read original story ...)
Japan’s Priests Turn to Property Development
Shinto elders at the centuries-old Unesco World Heritage Site of Shimogamo Shrine upset some neighbors when they bulldozed a swath of old Kyoto forest to build an apartment complex with units selling for more than $2 million apiece. “They should call it ... ( read original story ...)
Hotel Check: Shangri-La Hotel Tokyo
BACKGROUND: Opened in 2009, the Shangri-La Hotel, Tokyo is the Hong Kong-based hotel brand’s first property in Japan. The hotel takes up the 28th through 39th floors of the Marunouchi Trust Tower, directly behind Tokyo Station. My morning view over Tokyo ... ( read original story ...)