Astro Japan Property Group (ASX: AJA) refers to its announcement dated 29 March 2017 regarding the signing of contracts for its investment in a shopping mall for ¥10 billion (A$120.5 million approximately at A$1=¥83), and confirms that financial close of ... ( read original story ...)
Gaw Capital Partners Leads Acquisition of Grade A Office Property in Yokohama's CBD
It has direct access to Minato Mirai subway station which connects to both Tokyo and Haneda International Airport within 30 minutes and is two minutes by car from the Metropolitan Expressway. The property's current major tenants include Fuji Xerox Co. Ltd ... ( read original story ...)
Japan to stake claim to 148 inhabited isles, register 273 others as state-owned property
The government on Friday set a basic plan governing its maintenance of 148 inhabited offshore islands, with an eye to China’s expansionary activities at sea. “As a maritime country, we must take long-term, systematic measures to protect, maintain and ... ( read original story ...)
BRIEF-MCUBS MidCity Investment buys Tokyo-based property at 5 bln yen
April 6 MCUBS MidCity Investment Corp : * Says it completes acquisition of Tokyo-based property at 5 billion yen, on April 6 Source text in Japanese: goo.gl/owWVUO Further company coverage: (Beijing Headline News) ( read original story ...)
Kenedix Realty Investment : Notice Concerning Acquisition of Property (BR Gotanda)
Area The Property is located in Gotanda area ... The investment ratio of office buildings in the portfolio will be 92.2%, and the investment ratio of the Tokyo Metropolitan Area (Note) in the portfolio will be 80.8% (The figures are based on acquisition ... ( read original story ...)
Japan Cabinet allows schools to study banned imperial order
Abe, who has praised Kagoike, has denied making a donation, which is not illegal, or influencing the property sale. Kagoike is among many Japanese conservatives who have tried to reinstate the imperial rescript. Defense Minister Tomomi Inada told a recent ... ( read original story ...)
Both the most expensive, cheapest cities in the…
Private equity pouring in Mumbai's afluent Napean Sea area. Image:... Dotonbori, a popular nightlife and entertainment area in Osaka, Japan. Asian cities lorded over the Economist Intelligence Unit’s Worldwide Cost of Living report, out last week. ( read original story ...)
Astro Japan Property : AJA asset manager sells interest in J-REIT manager
Astro Japan Property Group (ASX: AJA) today announced that its Japan asset manager, Spring Investment Co., Ltd (Spring), in which AJA has a 25% interest, has disposed of its shareholding in Sekisui House SI Asset Management, Ltd. (SSA). SSA is the manager ... ( read original story ...)
BRIEF-Japan Retail Fund Investment sells property and buys property
Says it sold Fukuoka-based property for 6.08 billion yen as planned on Jan. 26 * Says it buys Osaka-based property for 9.98 billion yen as planned on Feb. 27 Source text in Japanese:goo.gl/cFze6v; goo.gl/0rkKa2 Further company coverage: (Beijing Headline News) ( read original story ...)
BRIEF-Nissen sells Tokyo-based property for 965 mln yen
* Says it has sold a land and building property located in Tokyo, Japan, for 965 million yen in all Source text in Japanese: goo.gl/QDwQb7 Further company coverage: (Beijing Headline News) ( read original story ...)
Things are looking up for Tokyo property
Sigrid Zialcita, Cushman & Wakefield, says low mortgage rates and a weak Japanese yen make the housing market in Japan attractive. Valuations are high. Here's what you can do ( read original story ...)
Astro Japan Property : Acquisition of New Hotel in Fukuoka
Astro Japan Property Group (ASX: AJA) today announced the acquisition of a newly constructed hotel in Fukuoka for a purchase price of ¥1.6 billion (A$18.8 million approx. at A$1=¥85). This represents a discount of approximately 3.6% on the independent ... ( read original story ...)
BRIEF-Advance Residence Investment acquires property for 1.43 bln yen
Says it acquired trust beneficiary rights of a property located in Osaka on March 29 * Says previous plan was disclosed on June 29, 2016 * Transaction amount is 1.43 billion yen Source text in Japanese:goo.gl/ZE6va5 Further company coverage: (Beijing ... ( read original story ...)
Astro Japan invests ¥10B in shopping mall
Astro Japan Property Group Ltd (ASX:AJA) has signed contracts to invest in a large shopping mall, near Tokyo in Japan, for ¥10 billion. This works out to be AU$117.6 million at today’s exchange rate, and this shopping mall will be the third largest in ... ( read original story ...)
Real estate | Company lures locals to Japanese, Thai properties
foreign investors have flocked to Japanese properties in droves. As a result, Hong Kong based real estate company TY-Property is eyeing Macau investors to purchase units in the land of the rising sun. During the weekend, the company held a two-day ... ( read original story ...)
Hotel boom inflating central Tokyo land prices
With hotel companies buying up properties at lofty prices, condo prices in central Tokyo are also surging. "There is no longer any property we can buy in central Tokyo," says a top official at a real estate investment trust managing company. According to ... ( read original story ...)