Securityholders in the Astro Japan Property Trust have voted overwhelmingly to sell the trust and its $1.1 billion portfolio of Japanese retail, office and residential properties to US private equity giant Blackstone for $430 million. Almost 100 per cent ... ( read original story ...)
Astro Japan Property : General Meeting – Address to Securityholders
Astro Japan Property Group is a listed property group which invests in the Japan real estate market. It currently holds interests in a portfolio comprising 29 retail, office, residential and hotel properties. Asset management services in Japan are ... ( read original story ...)
Astro Japan Property : Results of General Meeting
Astro Japan Property Group (ASX: AJA) advises that all resolutions put to the General Meeting of stapled securityholders held today, which related to a proposal for Blackstone to acquire all of AJA's interests in its Japanese assets (Proposal), were ... ( read original story ...)
School operator couple demanded discount on land deal; did finance bureau comply?
We will work things out to make the price as close to that figure." The audio recording reveals the Kagoikes, who wanted to buy the property in Toyonaka, Osaka Prefecture, to open an elementary school, start claiming that the soil at the property is ... ( read original story ...)
15 years in, Mitsubishi Estate finds cash cow with central Tokyo revamp
... In the 15 years to the day Wednesday since Mitsubishi Estate rebuilt the Marunouchi Building in central Tokyo, the Japanese property developer has grown lease revenue in the immediate area by over 70%. That skyscraper launched a rash of redevelopment ... ( read original story ...)
Call for Thai investors to cash in on Tokyo Olympics in 2020
Thai investors are being urged to put their money into Japanese property, especially in hotels and elderly care centres, as demand is forecast to surge with the Tokyo 2020 Olympics. Yoshihiko Oda, president of Kagaya Hotels Corporation, which operates five ... ( read original story ...)
30 of the Best Hotels in Osaka for a Fun and Fabulous Stay in 2017
If you’re looking for something high-class and trustworthy, look no further than Hyatt Regency Osaka. This hotel boasts a fitness centre, five restaurants, and an outdoor and indoor swimming pool. Free wifi is available throughout the property and guests ... ( read original story ...)
Venerable Otemachi Building in Tokyo remains a startup haven
TOKYO -- Tokyo's Marunouchi district, home to about 4,300 companies and the workplace of 280,000 people, is, in many ways, the hub of the Japanese economy. This May, Japanese property developer Mitsubishi Estate surprised the industry with its decision to ... ( read original story ...)
Missing in London: inside TfL’s lost property office
The biggest lost property office in Europe, it is beaten globally only by Tokyo’s depot. Sixty-five staff sort through hundreds of thousands of lost and forgotten items each at the depot, which is run by Paul Cowan. According to the latest transparency ... ( read original story ...)
Japan’s Mitsui Fudosan to develop $3.6 billion office tower in New York
TOKYO (Reuters) - Japanese property developer Mitsui Fudosan Co (8801.T) said on Friday it would take a 90 percent stake in an office tower in New York that would cost more than 400 billion yen ($3.6 billion), its largest investment in a single building ... ( read original story ...)
New Best Western for Osaka
It is Best Western’s second property in the city, following the Best Western Hotel Fino Osaka Shinsaibashi. The hotel also takes the company’s total Japanese portfolio to 13 hotels. Japan’s tourism industry is undergoing an unprecedented boom. ( read original story ...)
Best Western Expands Japan Portfolio with New Hotel in Osaka
Best Western Osaka Tsukamoto features 105 rooms, a restaurant serving local and international cuisine, a 24-hour business center and laundry services. The hotel is Best Western’s second property in the city, following the Best Western Hotel Fino Osaka ... ( read original story ...)
Best Western Hotels expands in Osaka
“We look forward to welcoming the first guests to this exciting new property on September 1 and continuing along Osaka’s exciting journey in the month and years ahead,” Olivier added. Best Western Osaka Tsukamoto offers a total of 105 modern ... ( read original story ...)
Japan: Osaka High Court affirms DOE for t-PA patent
The main issue was DOE. The Osaka District Court dismissed Genentech's claim. In its judgment of March 29 1996, the Osaka High Court (Presiding Judge Ueno) affirmed infringement under DOE. The Court established the requirements for DOE as follows ... ( read original story ...)
Japan: The land of rising opportunities
According to reports, Japan’s property market has remained buoyant despite the global slowdown. A report by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) revealed that the country’s overall residential property price index rose by ... ( read original story ...)
China’s Bay Area is a Property Mega-Market in Waiting
They project the highest population and property market growth over that period will be in ... from $1.38 trillion last year to $4.62 trillion by 2030, surpassing the Tokyo, New York and San Francisco metropolitan areas, the official Xinhua News Agency ... ( read original story ...)