EDITORS' PICK
U.S. Hines acquires new building in Shibuya-ku
Hines of the U.S., which is engaged in real estate investment and development globally, acquired an office and retail building in Sendagaya, Shibuya-ku. The sellers were...
Sega Sammy Holdings plans to sell its Phoenix Seagaia Resort in Japan to U.S.-based Fortress Investment Group as the Japanese amusement company looks to focus resources on video games and other segments, Nikkei has learned.
Hines of the U.S., which is engaged in real estate investment and development globally, acquired an office and retail building in Sendagaya, Shibuya-ku. The sellers were...
Local Markets: Sapporo
Will top rents reach the 30,000 yen per tsubo mark?
With the office building vacancy rate at its lowest level among major cities, ranging from 2.0% to 3.0%, and rent reaching a record-high level, the real estate market in Sapporo is booming. Meanwhile, mass supply has started, and the parties concerned are worried whether bullish rents can be set. Amid rising construction costs, some plans have opted to postpone the construction period or reduce the size to ensure that rents align with demand.