Property

Japan's condominium market is showing signs of cooling.

Japan developers struggling to unload condos

TOKYO -- Japan's leading real estate developers are having a harder time meeting condominium sales targets this fiscal year than last, reflecting a cool-down in a potentially overheated condo market.At the end of June, contract progress rates at Nomu...

  • Commentary

    Anthony Couse -- Abenomics has been good for Japan's real estate market

    Despite recent domestic and global economic headwinds, interest in Japan's real estate sector continues to swell, writes Anthony Couse

  • Tokyo condo prices falling from lofty perch

    TOKYO -- The condominium market here is showing signs of cooling as a stronger yen and a stock market slowdown turn off the foreign investors and well-heeled domestic buyers who had snapped up pricey units.The number of units newly listed for sale in...

  • Fall of 5-10% in Hong Kong property prices 'not abnormal' -- Wheelock

    HONG KONG -- Hong Kong's property market has yet to stabilize and could fall by 5-10% in the second half of the year, according to leading developer Wheelock."Given the global uncertainties arising from Brexit and volatility in the currency market an...

  • Commentary

    Peter S. Kim -- Unlocking South Korea's rental funds

    South Korea's unique key money system is tying up capital that could be better used to fuel domestic consumption

  • New Zealand home prices prompt calls for immigration cut

    WELLINGTON -- Soaring house prices in Auckland, New Zealand's largest city, are prompting growing calls for cuts in immigration, which is running at record levels.It is not only politicians and commentators that are talking about cutting the number o...

  • Store rents climb in Osaka on foreign visitor surge

    TOKYO -- Rental rates are going up in Osaka's business district as retailers open more stores to accommodate an influx of foreign visitors.The estimated June contract rate for 200 sq. meters of floor space on the first floor of a building in the Shin...

  • Nomura Real Estate to redevelop central Tokyo

    TOKYO -- Nomura Real Estate Holdings will launch a 350 billion yen ($3.41 billion) redevelopment project in Tokyo's Hamamatsucho district, close to a station for magnetic-levitation bullet train service slated to launch in a decade or so.Construction...

  • Property booms as Thais rush to rural Khon Kaen

    KHON KAEN, Thailand -- In the heart of northeastern Thailand's largest city, a 37-story luxury condominium rises as a beacon of "vertical living," as some locals describe it. All 414 units in this new condo, named "The Houze," have been snapped up by...

  • Japanese spa operator floating first hot-spring REIT

    TOKYO -- Oedo-Onsen Holdings, a leading operator of Japanese hot-spring hotels, is about to make a splash by offering the world's first real estate investment trust specializing in those resorts.The Tokyo Stock Exchange is to approve the new REIT thi...

  • Empty space adding up at Tokyo-area fulfillment centers

    TOKYO -- The vacancy rate for large logistics facilities in greater Tokyo has risen to the highest in five and a half years amid a growing sense of oversupply.The rate reached 8.9% at the end of June, up 0.6 percentage point from three months earlier...

  • Malaysia's recent rate cut renews appeal for REITs

    KUALA LUMPUR (NewsRise) -- Malaysia-listed real estate investment trusts, also known as REITs, are witnessing a renewed interest following last week's surprise rate cut by the central bank as investors seek higher returns amid declining bond yields.S...

  • Asia's largest REIT launches Hong Kong's first green bond

    HONG KONG -- Link Real Estate Investment Trust, one of the Asia's largest REITs, has become the first property company in Asia and domestic enterprise in Hong Kong to launch a green bond, by selling a $500 million note due in 2026 at a coupon rate of...

  • Japan REITs pay record high on greater occupancy

    TOKYO -- Spurred by higher occupancy rates and rental incomes, Japanese real estate investment trusts performed briskly in their most recent fiscal periods, with the combined dividends of 27 selected REITs reaching 113.4 billion yen ($1.08 billion), ...

  • Bitcoin and China's endless chain of bubbles

    SHANGHAI -- From the stock and property markets to other segments of the economy, bubbles are continually cropping up in China. Lately, the country's investors have been turning to bitcoin in droves.Chinese investors are constantly shifting from one ...

  • Hong Kong district named world's most expensive office market

    TOKYO -- A business district in Hong Kong took the crown as the world's most expensive place to rent office space, moving past a prime location in London, a survey from real estate services group CBRE shows.It cost $290.21 to rent 1 sq. foot of offic...

  • Commentary

    Anthony Couse -- How technology is transforming China's real estate industry

    Innovations are reshaping China's real estate sector at an exhilarating pace, writes Anthony Couse.

  • Tokyo new-condo releases drop for sixth month in May

    TOKYO -- The number of new condominiums listed for sale in the Tokyo metropolitan area fell for a sixth straight month in May as rising prices cause more consumers to feel that properties are overpriced.The condominium market trend survey, released T...

  • New park to put Sony's stamp on changing face of Ginza

    TOKYO -- Sony's planned construction of a park in Tokyo's bustling Ginza district is the latest step in the rapid redevelopment of an area where commercial land prices are skyrocketing amid a surge of foreign tourism.The 50-year-old Sony Building wil...

  • Foreigners turn away from REITs amid BOJ inaction

    TOKYO -- Foreign investors sold more in Japanese real estate investment trusts than they bought this May, logging their first month of net selling in the era of negative interest rates, as expectations of more aggressive monetary easing by the Bank o...