Activist investors are increasingly eyeing Japanese companies, in part over persistent undervaluing of many of their assets and refusal to countenance sales of assets including property. Hino’s ... ( read original story ...)
Japan’s Nikkei leads losses in Asian markets amid the fear of rate hike, China property market woes
Investors worried about China's property woes after Evergrande Chairman had been placed under police watch. The possible higher US interest rates and rising Treasury yields weigh on heavyweight ... ( read original story ...)
Tokyo Electron to sell US HQ property, find new space in Austin
Anyone looking for a few dozen acres of prime land off East Riverside? A longtime member of Austin's semiconductor ecosystem is on the move. ( read original story ...)
2 tips for snapping up the abandoned property of your dreams, according to a dad who bought an old home in Japan for $23,000
"I spent I don't know how many hours just daydreaming of living in Japan and purchasing one of these houses," Eric McAskill told Insider. ( read original story ...)
Singapore is Japan’s top property investor in 2023, report says
International investors are also attracted to Japan's low borrowing costs, and putting more money into hotels because of a post-pandemic tourism boom. ( read original story ...)
Osaka office vacancy rate stable at 3.4% in Q2
No new projects were completed during the quarter. Net absorption in Osaka’s office property market totalled 600 sqm in 2Q23, according to a JLL report. A return to normal activities in the post-COVID ... ( read original story ...)
Could you live in Japan’s zero-privacy entirely open-plan puzzle house?
Located in Fukushima-Ku ward, a residential area in the heart of Osaka, it capitalises on the compact, 128-square-metre plot with a radical 13-level design. Devoid of interior walls and doors, the ... ( read original story ...)
Japan govt nods MGM-Orix, Osaka govt deal for IR scheme
The Japan Tourism Agency – under the country’s Ministry of Land, Infrastructure, Transport and Tourism – said on Friday it had approved the implementation plan to develop an integrated resort (IR) in ... ( read original story ...)
Addiction Tokyo Sets Its Eyes Stateside With a Global Launch
Addiction Tokyo has created, well, quite an addiction in Japan with their makeup products. Toting “skin melt technology,” overseas the brand is known for its long-wearing eyeshadows ... ( read original story ...)
Global housing market sees reduced bubble risk, with Zurich and Tokyo exceptions
The global risk of housing bubbles has significantly decreased in 2023, with only Zurich and Tokyo remaining in the bubble risk category, according to the UBS Global Real Estate Bubble Index 2023 ... ( read original story ...)
UPDATE 1-Japan’s Unizo Holdings chooses KKR as restructuring sponsor – Nikkei
Bankrupt Japanese hotel chain Unizo Holdings has selected U.S. investment fund KKR as its restructuring sponsor, the Nikkei business daily reported on Friday. ( read original story ...)
A millennial dad of 2 bought an abandoned home in Japan for $23,600. He says restoring it is easier than expected.
Eric McAskill says that he hasn't been to the grocery store in two weeks, because his neighbors have been sharing their harvests with his family. ( read original story ...)
Kitasenju tops ranking of Tokyo region areas most attractive to live for women
Women find the Kitasenju neighborhood of the Japanese capital's Adachi Ward the most desirable place to live across the entire Tokyo region, ･･･ ... ( read original story ...)
PERILS says gains ILW trigger traction in Japan, lowers typhoon Nanmadol estimate
In finalising the insurance and reinsurance industry loss estimate for Japanese typhoon Nanmadol, which struck the country in September 2022, catastrophe ... ( read original story ...)
This 115-year-old Japanese prison straight out of a dystopian movie is being turned into a luxury hotel with 48 rooms
A Japanese resort company is converting an iconic former prison into a 48-room luxury hotel. The Former Nara Prison, built in 1908 and designated a cultural property in Japan in 2017, is to be ... ( read original story ...)
China’s economy could end up in ‘Japanese style’ stagnation, economist says
Shigeto Nagai, head of Japan at Oxford Economics, says that could happen if the current conditions in the property market continue. ( read original story ...)