Articles

Topic
Topic
Type
Type
Investors/Business, General
Information, News
Housing Japan, renowned for luxury real estate in Tokyo, introduces its Investment Sales Division, catering to investors, sellers, and landlords. This expansion offers a comprehensive package, including top-tier properties, sales aid, and property management. It's a one-stop solution for clients worldwide.
General, Investors/Business
Information, News
Warren Buffett's Berkshire Hathaway raised its stake in Japan's top five trading firms to about 9%, as revealed in its annual report. The company had previously held 7-8% stakes in Mitsubishi, Itochu, Mitsui & Co., Sumitomo, and Marubeni. Berkshire aims for long-term holdings, initially announced in 2020, with plans to increase to 9.9%. In February 2024, Berkshire reported paying ¥1.6 trillion ($10.63 billion) for the stakes, valued at ¥2.9 trillion by 2023-end, translating to unrealized gains of 61% or $8 billion.
Investors/Business, General
Information, News
Developer Tokyu Land Corporation plans to sell a stake in Tokyo office floors for over JPY 100 billion ($673 million). Despite concerns about increased supply, office rents in Tokyo are rising. Tokyu Fudosan, the parent company, will sell a 49 percent interest in 25 floors of Shibuya Sakura Stage to undisclosed investors.
General
Information, News
Japan plans to introduce a certification system for rental housing equipped with monitoring services for elderly tenants. This initiative aims to address concerns about seniors living alone, ensuring their safety and facilitating access to essential services. The proposal includes certifying service providers and debt guarantee companies to support vulnerable renters.
General, Investors/Business
Information, News
Japan has expanded security scrutiny, adding six U.S. military facilities, including Hiro Ammunition Depot and Itazuki Air Base, to a list of 180 sites subject to increased regulation under a 2021 law. Aimed at enhancing security, the law requires detailed registration for property transactions within a half-mile of designated sites, allowing the government to investigate owners and halt activities posing a threat.
Investors/Business, General
Information, News
Japanese homebuilder Sekisui House is set to acquire U.S. builder M.D.C. Holdings for $4.9 billion in an all-cash deal, aiming to capitalize on increased demand in the U.S. housing market fueled by lower mortgage rates. The transaction, expected to close in the first half of the year, positions Sekisui as the fifth-largest U.S. home builder based on 2022 house closures.
Investors/Business, General
Information, News
Japan's national net worth hit a record 3.999 quadrillion yen ($27 trillion) at the end of 2022, marking a 3.3% increase, the seventh consecutive year of growth. Produced assets, including housing and equipment, led the surge, reaching 2.17 quadrillion yen. Household wealth rose 0.5%, while nonfinancial companies' share increased by nearly a quarter to 756.1 trillion yen.
Investors/Business, General
Information, News
The average price of newly constructed apartments in Tokyo's 23 special wards reached an all-time high at 114.83 million yen, marking a 39.4% increase. Factors include rising construction costs, increased building activity, and high demand driven by low interest rates.