Tag: Japan

Japanese owner mulls USD$750m Manila casino resort float

JAPAN’S Universal Entertainment Corp is reviving its plans to list its mega casino and resort complex, Okada Manila…

Tokyo luxury property rents rise, Singapore decline

DESPITE healthy economic growth and its status as Asia’s financial capital, Singapore’s luxury residential property rents have slumped…

TPG Angelo raises $USD8 billion on back of Westin Yokohama buy

NEW YORK based investment group TPG Angelo Gordon has bought majority shareholding in Westin Yokohama for around 11.5…

Japan Tourism record highs

THE falling Japanese yen is proving a boon for tourism operators. In March more than 3.1 million tourists…

Asia Pacific investors take cautious approach

DELAYS to interest rate cuts and a limited risk appetite have put the recovery in investment activity across…

Japan government yen intervention

THE Bank of Japan has suggested its government may intervene in the currency market. The yen’s recent movements against the…

Asia Pacific office rents continue to fall

OFFICE rents across the Asia Pacific continue to decline, according to the latest Knight Frank Prime Office Rental…

Asia Pacific commercial sees 13% jump

JLL report that the Asia Pacific was the only region globally to see growth in commercial real estate…

Old Tokyo fish market set for $USD5.8 billion redevelopment

THE Tokyo Metropolitan Government has announced a 900 billion yen (USD$5.8 Billion) redevelopment plan for the old Tsukiji Fish…

German fund sells Tokyo office investments for $USD295m

THE real estate arm of East Japan Railway has bought the Shibuya Prime Plaza office building for in…

Japan’s small hotel rooms a mismatch

A MERE 4% of the hotels in Japan’s major cities have rooms that can accommodate three or more…

Asia Pacific appetite for flexible workspace continues to grow

DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According…