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    <title>NIKKEI REAL ESTATE MARKET REPORT</title>
    <link>http://realestate.nikkeibp.co.jp/</link>
    <description>Breaking transaction news, research and analysis, and valuable transaction data - We provide reliable information for your decisions and the further expansion of your business opportunities.</description>
    <dc:publisher>NIKKEI BUSINESS PUBLICATIONS, INC.</dc:publisher>
    <dc:date>2012-05-16T17:00:49+09:00</dc:date>
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    <dc:rights>Copyright (c) 2009 Nikkei wol Publications,Inc. All Rights Reserved.</dc:rights>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120515/568216/">
            <title>Shibuya retail, office building sold</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120515/568216/</link>
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<![CDATA[
Real estate company Waizu acquired a mixed-use building in Jinnan, Shibuya-ku, Tokyo. The seller was Endeavor Private Fund YK, a special purpose company of anonymous investors.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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              <dc:date>2012-05-16T00:33:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120515/568214/">
            <title>Mantomi sells land in Kojimachi, Chiyoda-ku</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120515/568214/</link>
    <description>
<![CDATA[
Ashiya City, Hyogo-based private wealth manager Mantomi Asset Management sold 392 m2 of land in Nibancho, Chiyoda-ku, Tokyo in December 2011. The buyer was GK Dear Plaza Property, a special purpose company of anonymous investors.
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              <dc:date>2012-05-16T00:32:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120515/568213/">
            <title>Apa to construct 2 hotels in Chuo-ku</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120515/568213/</link>
    <description>
<![CDATA[
The Apa Group, which develops and operates condominiums and hotels, announced that it began construction of business hotels in Shintomi, Chuo-ku and in Kyobashi, Chuo-ku, Tokyo. The company created a five-year medium term plan in April 2010 in which it announced plans to develop 19 hotels. The two projects are the 16th and 17th hotels to be constructed under the plan.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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              <dc:date>2012-05-16T00:31:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120515/568211/">
            <title>Orix JREIT purchases Togoshi, Shinagawa-ku apartments for Y2.6bn</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120515/568211/</link>
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<![CDATA[
Orix JREIT acquired Belle Face Togoshi Statio, a rental apartment building in Togoshi, Shinagawa-ku, Tokyo. The price was 2.64 billion yen [$32 million] and the seller was Orix Real Estate, the REIT's sponsor. With this acquisition, the AUM of the REIT amounts to 350.3 billion yen [$4.2 billion] in 67 properties on an acquisition price basis.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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              <dc:date>2012-05-16T00:30:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120514/568053/">
            <title>Hiroshima developer to construct condominium in Akihabara</title>
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<![CDATA[
Hiroshima City-based condominium developer Marimo acquired 86 m2 of land in Soto-Kanda, Chiyoda-ku, Tokyo from an individual. As the company also acquired the 364 m2 adjacent plot in September 2011, it will combine the two plots and develop a condominium building on the site.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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              <dc:date>2012-05-15T00:33:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120514/568052/">
            <title>Open House acquires a student dorm in Shibuya-ku</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120514/568052/</link>
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<![CDATA[
Shibuya-ku-based real estate company Open House Development won a bid for the former Fukushima Prefecture Student Dormitory in Hatagaya, Shibuya-ku, Tokyo through a bid held by the Foundation for Fukushima Prefecture Student Dormitories. The price was 270 million yen [$3.3 million] and the ownership was handed over in April.
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              <dc:date>2012-05-15T00:32:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120514/568051/">
            <title>Restaurant operator acquires apartment building in Shinbashi</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120514/568051/</link>
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<![CDATA[
Restaurant and hotel operator New Tokyo Restaurant acquired Court Shinbashi, an apartment building in Shinbashi, Minato-ku, Tokyo. The seller was GK UR4, a special purpose company of anonymous investors. New Tokyo will operate the property as an income property.
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              <dc:date>2012-05-15T00:31:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120514/568050/">
            <title>Kagome acquires Komae City land for Y3bn</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120514/568050/</link>
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<![CDATA[
Kagome Real Estate, a subsidiary of food maker Kagome, acquired the former site of the Kagome Distribution Service Tamagawa Distribution Center located in Komae City, Tokyo, together with an adjacent site occupied by a family restaurant. The seller was Kagome. The site has a land area of 13,029 m2. Kagome Distribution Service operated a distribution center on the site until January 2012. The price was 3.19 billion yen [$39 million], which is equivalent to approximately 240,000 yen [$2,900] per m2.
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              <dc:date>2012-05-15T00:30:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120514/568049/">
            <title>New Tokyu Land REIT going public in June</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120514/568049/</link>
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<![CDATA[
Activia Properties REIT will be listed on the Tokyo Stock Exchange on June 13. The REIT is sponsored by Tokyu Land and will focus its investment on urban commercial facilities and office buildings in Tokyo. Its AUM at the time of listing will be approximately 170 billion yen [$2.1 billion] in 18 properties on an acquisition price basis.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
    <dc:author><![CDATA[]]></dc:author>
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    </dc:subject>
              <dc:date>2012-05-14T16:24:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120511/567831/">
            <title>Sun Frontier sells retail, office building in Akasaka</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120511/567831/</link>
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<![CDATA[
Real estate company Sun Frontier Fudousan sold the Akasaka Sugai Building in Akasaka, Minato-ku, Tokyo. The buyer was an individual and the price was not disclosed.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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    </dc:subject>
              <dc:date>2012-05-14T00:33:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120511/567832/">
            <title>Mitsubishi purchases 1,400 m2 of Koto-ku land</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120511/567832/</link>
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<![CDATA[
Mitsubishi Jisho Residence, a subsidiary of Mitsubishi Estate, acquired 1,435 m2 of land in Miyoshi, Koto-ku, Tokyo in October 2011. The seller was Rio Yokoyama Holdings, which designs and manufactures apparel products in Nagoya City.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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    </dc:subject>
              <dc:date>2012-05-14T00:33:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120511/567830/">
            <title>Kawasaki Heavy Industries to lease entire TIS Takeshiba Building</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120511/567830/</link>
    <description>
<![CDATA[
Kawasaki Heavy Industries, a manufacturer of aircraft, ships and motorcycles, will relocate its Tokyo Head Office to the tentatively named Hamamatsucho Building (formerly the TIS Takeshiba Building) in Kaigan, Minato-ku, Tokyo. The company will be moving from the World Trade Center Building (Sekai Boeki Center Building) in Hamamatsucho, Minato-ku between the end of November and mid-December 2012.
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    </description>
    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
    <dc:author><![CDATA[]]></dc:author>
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    </dc:subject>
              <dc:date>2012-05-14T00:31:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120511/567829/">
            <title>Office development to sharply decrease from 2013</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120511/567829/</link>
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<![CDATA[
Developer Mori Trust released the results of its "Survey of Large Office Building Supply in the 23 Wards of Tokyo '12" in May 2012. According to the survey, which targeted buildings with 10,000 m2 or more of gross office space, the development of large office buildings in the 23 wards of Tokyo is expected to sharply decrease in and after 2013. While the share of those developments in the three central wards (Chiyoda, Chuo and Minato) of Tokyo will expand, offices in Koto-ku, a bay area in the east of Tokyo, will drastically decrease, clearly exhibiting the trend of offices returning to central Tokyo.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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              <dc:date>2012-05-14T00:30:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120510/567593/">
            <title>Tosei purchases Ebisu apartment building</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120510/567593/</link>
    <description>
<![CDATA[
Tosei acquired Vermidor Ebisu, a rental apartment property in Ebisu, Shibuya-ku, Tokyo. The seller was an individual.
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    </description>
    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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    </dc:subject>
              <dc:date>2012-05-11T00:34:00+09:00</dc:date>
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  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120510/567592/">
            <title>Apartments in Shimo-Kitazawa, Setagaya-ku to be resold</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120510/567592/</link>
    <description>
<![CDATA[
Real estate company OH Real Estate Management, a subsidiary of developer Open House, acquired rental apartment building Chant Rose Kitazawa located in Kitazawa, Setagaya-ku, Tokyo from a private individual. OH Real Estate Management plans to sell the building after renovations as part of its real estate resale business.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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    </dc:subject>
              <dc:date>2012-05-11T00:33:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120510/567591/">
            <title>Tokyo acquiring former House of Representatives dormitory site</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120510/567591/</link>
    <description>
<![CDATA[
The Ministry of Finance announced that it will sell the 13,691 m2 former site of the dormitory for the members of the House of Representatives located in Takanawa, Minato-ku, Tokyo to the Tokyo Metropolitan Government. The price of the property listed on the National Property Ledger was 9.86 billion yen [$120 million] as of the end of March 2011.
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    </dc:subject>
              <dc:date>2012-05-11T00:32:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120510/567590/">
            <title>Apa acquires Shinjuku hotel site from Capmark</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120510/567590/</link>
    <description>
<![CDATA[
The Apa Group, a hotel chain operator, acquired the Fukutomi Building and an adjacent hourly parking lot in Shinjuku, Shinjuku-ku, Tokyo through its affiliate Apa Home from August 2011 to April 2012. The total land area is 859 m2 and the seller was C.P. Corporation, a Capmark Financial subsidiary, and several individuals.
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    </dc:subject>
              <dc:date>2012-05-11T00:31:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120510/567589/">
            <title>Mitsubishi achieves 45% CO2 reduction at Nihonbashi office project</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120510/567589/</link>
    <description>
<![CDATA[
Mitsubishi Estate will start construction of a rental office building that incorporates advanced environmental technologies in June 2012. The tentatively named Kayabacho Project, will be constructed in Nihonbashi-Kayabacho, Chuo-ku, Tokyo. The new building will incorporate a natural ventilation system and sunshield louvers to reduce CO2-converted energy consumption by about 45% compared with typical office buildings.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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    </dc:subject>
              <dc:date>2012-05-11T00:30:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120510/567571/">
            <title>Citibank Japan awarded sixth LEED certification</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120510/567571/</link>
    <description>
<![CDATA[
Citibank Japan Shinjuku Higashiguchi (East) Branch has received the Gold rating under the U.S. Green Building Council's (USGBC) building environmental performance assessment and certification system LEED. This is the sixth LEED certification for Citibank facilities in Japan. Going forward, Citibank Japan intends to increase the number of LEED certified properties. Regarding LEED strategy, we interviewed Duncan Macintyre, Senior Vice President at Citigroup Services Japan.
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    <dc:creator>NIKKEI REAL ESTATE MARKET REPORT</dc:creator>
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    </dc:subject>
              <dc:date>2012-05-10T14:56:00+09:00</dc:date>
  </item>
  <item rdf:about="http://realestate.nikkeibp.co.jp/re/members/news/20120509/567413/">
            <title>Hankyu Railway Group purchasing Kyoto retail building for Y1bn</title>
    <link>http://realestate.nikkeibp.co.jp/re/members/news/20120509/567413/</link>
    <description>
<![CDATA[
Hankyu Realty, part of Osaka's Hankyu Railway Group, decided to acquire WAO Cube, a retail building in Shimokyo-ku, Kyoto City. The price is 1.05 billion yen [$12 million] and the seller is Media Create, which is engaged in the operation of internet cafes and karaoke parlors.
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              <dc:date>2012-05-10T00:33:00+09:00</dc:date>
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