Property

The Marunouchi district near Tokyo Station is the prime business area of Japan's capital.

Real estate boom

Tokyo is Asia's hottest investment destination

TOKYO -- Tokyo is Asia's hottest city for real estate investment, in terms of offices, retail facilities and hotels, according to U.S. real estate services firm CBRE. Total real estate investment into Japan during the first quarter of this year r...

  • From mainland to land of rising sun

    Chinese buyers eye Japanese condos

    HONG KONG -- Property buyers in mainland China are turning away from their tightly regulated home market and looking instead to Japan, where they find high-quality real estate. JP Housing, a Hong Kong-based broker offering real estate tours to Ja...

  • Japan property

    Increased foreign investment pushes up commercial rents

    TOKYO -- Overseas investors spent 158 billion yen ($1.27 billion) to buy Japanese properties in the January-March quarter. This is double the figure from a year earlier, according to property advisory CBRE. The figure accounts for 14% of the market t...

  • Real estate boom

    Is Australia leaning on a house of cards?

    SYDNEY -- The Australian housing market is riding high. While some of the country's top officials worry about a bubble, others are hailing the boom. The median price for detached homes in the January-March quarter stood at 914,056 Australian doll...

  • Prices, sales recovering

    China's property market bottoming out

    HONG KONG -- China's real estate market seems to have reached a bottom, with the decline in housing prices coming to a halt in many cities and sales soaring in Shenzhen and other big cities. The National Bureau of Statistics released May housing ...

  • Alastair Hughes

    UK real estate a haven for Asian investors

    Overseas money is pouring into London properties, and Alastair Hughes argues that it will keep flowing.

  • Hot properties

    Office space demand climbing in central Tokyo

    TOKYO -- Demand for central-Tokyo office space has grown in recent months on an upbeat economic mood in Japan, with some buildings nearly full before construction is even completed. The office vacancy rate in Tokyo's five central wards -- Chiyoda...

  • Losing traction

    Foreign investors unloading Japan REITs on global interest rate rise

    TOKYO -- Foreign investors have been unloading real estate investment trusts in Japan as rising interest rates worldwide diminish the appeal of REITs' returns relative to bonds. In May, foreign investors sold 25.8 billion yen ($207 million) more ...

  • Residential development

    Ananda, Mitsui Fudosan to build condos in Bangkok

    TOKYO -- Thai real estate developer Ananda Development and Japan's Mitsui Fudosan will construct five high-rise condominium buildings in the Thai capital of Bangkok. The two companies will establish a joint venture owned 51% by Ananda and 49% by ...

  • Mitsui Fudosan president interview

    Good times to stay for Tokyo real estate

    TOKYO -- Japan's real estate has seen numerous redevelopment projects in Tokyo's business districts, as well as the construction of shopping malls and logistic facilities in other areas around the capital. Masanobu Komoda, president of the Japane...

  • Japanese real estate

    Investors fear capital-raising REITs are overvaluing property

    TOKYO -- Investors have grown wary of Japanese real estate investment trusts raising additional capital to expand their property portfolios, fearing the REITs will overpay. The Tokyo Stock Exchange's REIT index fell for a fourth straight day Frid...

  • Min Lan Tan

    Pricing power boosts Japan's big developers

    More than two years into Abenomics, Japan's prime property developers may finally be about to reap its benefits. Since Prime Minister Shinzo Abe rolled out his ambitious stimulus program, office vacancy rates in Tokyo have fallen steadily to such...

  • Brighter outlook

    REITs push fundraising to buy more properties

    TOKYO -- Real estate investment trusts in Japan are accelerating their fundraising via newly issued shares amid prospects of improvement in the property market. REITs have raised 470 billion yen ($3.75 billion) since the start of the year by issu...

  • Rail operator's growth plan

    Tokyo real estate holds key to Seibu's fortunes

    TOKYO (Nikkei) -- Seibu Holdings' stock price tumbled 4% last week, as concerns grew over the worsening supply-demand balance following U.S. private-equity company Cerberus' launch of a selldown in the Japanese railway and hotel operator. While s...

  • Good buys on real estate

    Tokyo condo prices trail those in Hong Kong, other Asian cities

    TOKYO -- Japanese condominiums and office spaces are looking increasingly undervalued compared with those elsewhere, particularly in other parts of Asia, amid a weak yen. New luxury condos in Tokyo cost less than half the yen-converted prices of ...

  • Eager to invest

    Japanese property brokers court willing Hong Kong buyers

    HONG KONG -- Japanese real estate brokers are busily courting the growing number of Hong Kong investors looking to tap Japan's property market. The weaker yen is making Japanese real estate more affordable for overseas investors. At the same time...

  • Sharia-compliant investing

    Pakistan's first REIT expected to boost property market

    KARACHI, Pakistan -- Two of Pakistan's biggest companies have joined forces to launch the country's first real estate investment trust. It has been a long time coming. The government laid down regulations for issuing this kind of security back in 200...

  • China Jan-April housing sales down 2.2%, decline in sales moderating

    SHANGHAI (Dow Jones) -- China's housing sales in the first four months of the year fell 2.2% from the same period a year earlier, an improvement from the first quarter's 9.2% decline as easier monetary policy draws some homebuyers back into the marke...

  • Commercial real estate

    Tokyo office rents rise on optimism over economy

    TOKYO -- Rents on newly constructed office buildings in Tokyo have climbed for the first time in two years thanks to improving business sentiment driving office expansion. An index tracking rents on buildings built less than a year ago in central...

  • Property investment

    Australia tightens up property rules for foreign investors

    SYDNEY -- Foreign investors who illegally buy Australian real estate face jail terms of up to three years and stiff fines under a tough new foreign investment crackdown unveiled by Prime Minister Tony Abbott on Saturday. Individuals who knowingly...