Rakuten moving into property insurance with latest acquisition

TOKYO -- Japanese e-commerce group Rakuten will expand further into insurance by acquiring a Nomura-owned property insurer and using it as an outlet for new data-driven policies. Billionaire Hiroshi Mikitani's group plans to spend 40 billion yen to 50 ... ( read original story ...)

Japan’s Rakuten to acquire Asahi Fire for 45 billion yen

TOKYO (Reuters) - Japanese e-commerce company Rakuten Inc said on Monday ... Rakuten said it would launch a tender offer and pay 2,664 yen per share of Asahi Fire, a property insurance firm owned by Nomura Holdings and its subsidiary. ( read original story ...)

Japan, China aiming to open military hotline

but for Japan and China to stand side by side to deal with global issues," he said. "In particular, the North Korea issue is now an urgent issue for the whole of international society." Legal Notice: Copyright, trade marks and other intellectual property ... ( read original story ...)

A Shin Forward relocating to New York from Japan

A Shin Forward, a Group 1 winner and sire in Japan, will relocate to Rockridge Stud in Hudson, N.Y., for the 2018 breeding season and will stand for a private fee as property of the horse’s breeder, Vivien Malloy’s Edition Farm. The 13-year-old Forest ... ( read original story ...)

Rakuten moves into property insurance with latest acquisition

TOKYO -- Japanese e-commerce group Rakuten will expand further into insurance by acquiring a Nomura-owned property insurer and using it as an outlet for new data-driven policies. Billionaire Hiroshi Mikitani's group plans to spend 40 billion yen to 50 ... ( read original story ...)

Tokyo Prime Office Rents to Dip in 2018 From New Supply Added

and indirect property investment via funds is set to increase in the coming year. According to CBRE, demand for office space in Tokyo remains stable across a wide range of sectors in 2017. One Grade A building was completed during the second quarter ... ( read original story ...)

Tokyo condo prices approach bubble-era records

Condominium prices in metropolitan Tokyo are scratching new highs unseen since the days of the Japanese economic bubble. A newly built condo unit in Tokyo and surrounding prefectures (Kanagawa, Saitama and Chiba) fetched an average price of JPY59.08 ... ( read original story ...)

Property developer Hulic buys Hilton on Tokyo’s waterfront

TOKYO -- Japanese real estate company Hulic and a partner have acquired the Hilton Tokyo Odaiba hotel for slightly over 60 billion yen ($541 million), aiming to capture lodging demand from international tourists in the run-up to the 2020 Olympics. ( read original story ...)

Japan defense industry needs security boost

There is, however, one big step still to come. That is creating and maintaining a robust security regime for the defense industry that protects national and intellectual property, and will help Japan to work more closely with the U.S. and other allied ... ( read original story ...)