Last Update: 04/26 2018 05:56 JST

Industry Trends

Most current topics on company strategies, policies, technologies, etc.

  • Japan's fourth high-rise in Osaka converted into hotel 04.18.2018

    Property management company Nippon Kanzai decided in March 2018 to join the operation business of a hotel which is scheduled to open at Osaka Prefectural Government Sakishima Building (Sakishima Cosmo Tower) in Suminoe-ku, Osaka City. Minato-ku based Tokyo Capital Management, which is its subsidiary, will lease all the hotel floors and sublease them to Osaka City based Sakishima Cosmo Tower Hotel, which is the operator. Nippon Kanzai will invest one-third of the equity in the operator. >>

  • City seeks developers for Tokyo Waterfront City 04.10.2018

    The Tokyo Metropolitan Government is making open calls for developers to develop facilities in Ariake 3-chome and Aomi 2-chome, Koto-ku in Tokyo Waterfront City. Upon reviewing proposals in line with each area’s urban development policy and proposals about land prices, among other details, they will decide on a developer. >>

  • Open call again for Sengakuji Station developers, Kajima barred 04.09.2018

    Tokyo Metropolitan Government announced on April 4 that it will make an open call for collaborators on the Sengakuji Station District Category II Urban Redevelopment Project again. This is because an employee of general contractor Kajima, which is a member of a group chosen as the collaborator in February, was arrested in a bid-rigging scandal concerning the construction of the Linear Chuo Shinkansen Line and Kajima is suspended from nomination in bids held by the Tokyo Metropolitan Government. Tokyo Metropolitan Government intends to complete the project in fiscal 2024 as initially scheduled.>>

  • MIPIM: 20-year old TEDster warns to not misunderstand millennials 03.29.2018

    The central theme of this year’s MIPIM was “Mapping World Urbanity.” The keynote speaker on the first day of the event was Adora Svitak, a 20-year old female college student. Adora Svitak who has also given a speech at “TED” as a representative of the young generation in the U.S. spoke confidently in front of the audience in Cannes composed mainly of executives in the real estate industry.>>

  • MIPIM: Does 'disruptive' sensors impact on real estate? 03.26.2018

    MIPIM, a festival of the real estate industry that marked its 29th anniversary this year, closed on March 16 after finishing the four-day program. The number of participants in the event, which can be considered as a barometer of the real estate market condition, increased by 7% from the previous year to 26,000 people. >>

  • MIPIM: Philippe Starck voices objection to trendy hotel designs 03.23.2018

    Travelers who got bored with traditional type hotels have started to prefer unique boutique hotels with the maturity of the travel market in recent years. Such hotels are inexpensive as they only have small guestrooms but feature superior designs, and a large number of high-quality and unique hotels targeting mainly the millennial generations have appeared. However, in a panel discussion held on the third day of MIPIM, a warning was issued against such trends. >>

  • MIPIM shows increasing interest in hotel investment; Accor to gain €4.4bn from GIC JV 03.23.2018

    The theme of hotel investment has been attracting the attention of investors at MIPIM from about a decade ago. This year, the number of exhibitions in the field of hotel and tourism increased and it is frequently the topic at conferences. A panel discussion concerning hotel investment titled “Investment: trends, analysis & insights” was held on March 14 which was the second day of the event. >>

  • Tokyo Gas, Kansai Electric to form real estate alliance 03.19.2018

    The five companies of Tokyo Gas and Kansai Electric Power Company (KEPCO) as well as their subsidiaries, namely Shinjuku-ku-based Tokyo Gas Real Estate Holdings, Shinjuku-ku-based Tokyo Gas Urban Development and Osaka City-based Kanden Realty & Development, announced on March 15 that they have agreed to work toward a strategic alliance in the real estate business.>>

  • MIPIM: Over 20,000 gather in Southern France, interest in real estate not waning 03.15.2018

    MIPIM, the real estate conference, kicked off in Cannes, Southern France on Tuesday, March 13. The number of participants will largely exceed last year’s participants of 24,200, even when only considering those who pre-registered, and it is expected to set a new post GFC record. While European and U.S. real estate funds, brokerage firms and financial institutions are major actors in the event, other entities such as the local governments of various regions as well as construction and design companies are also participating.>>

  • Takara Leben partners with PAG, others for REIT IPO 02.16.2018

    Takara Leben announced the collaboration of four companies including itself with an aim to list a REIT in fiscal 2018. It established Minato-ku based asset management company Takara PAG Real Estate Investment Advisory together with Hong Kong’s PAG, appliance store operator Yamada Denki and Kyoritsu Maintenance, a dorm and hotel operator, on January 15. >>

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