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 ...)

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 ...)

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 ...)

Japan PM Abe accused of giving cash for nationalistic school

TOKYO (AP) - Japanese Prime Minister Shinzo Abe donated 1 million yen ... Abe has denied any influence in the sale last year of state property to Kagoike at 134 million yen ($1.2 million), one-seventh of its appraised price. But Kagoike told parliament ... ( read original story ...)

Japan's residential land values end long slide

TOKYO -- Residential land values in Japan have risen for the first time since 2008 thanks ... Demand stoked by low interest rates and tax breaks for home loans has firmed up the property market as a whole. Properties within walking distance of train ... ( read original story ...)

Luxury property market in Vietnam keeps humming along

Most of the buyers come from Hong Kong, Taiwan, the Republic of Korea, Japan or Singapore ... Or in some cases they just pay cash and buy the property straight out. The lack of transparent guidance on how the money from a future sale of the property ... ( read original story ...)