Last Update: 01/23 2019 15:30 JST

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Business and Economy

Selected stories from Japan's leading economic news service

This section provides selected stories from Nikkei Asian Review, a subscription-based English news service of Nikkei, Inc. Please click on the above logo to find more details.

  • Tokyo to turn old Tsukiji market into conference center 01.18.2019

    The Tokyo municipal government has finalized plans to build a conference center and exhibition space at the site of the old Tsukiji wholesale fish market, turning a fresh page for the popular landmark after the 2020 Olympic and Paralympic Games.>>

  • Japan's 'minpaku' lodgings offer unique holidays but few bargains 01.11.2019

    Six months since Japan began regulating Airbnb-style room-letting, tourists have an array of charming accommodations to choose from -- Buddhist temples, century-old folk homes and cottages with a view of Mount Fuji. But they will find few bargains.>>

  • Japanese developers fuel Southeast Asia's luxury condo boom 12.27.2018

    Japanese real estate developers and homebuilders are tapping into growing demand for luxury condominiums in Southeast Asia, a market of 600 million increasingly wealthy consumers.>>

  • Private lodging market slow to take off in Japan 12.26.2018

    Half a year after Japan's minpaku ("private lodging") law took effect, the market has failed to catch on as expected despite growing numbers of overseas tourists. Minpaku, as short-term lodging services such as Airbnb are known in Japan, arrange stays in condominiums and other private residences, mostly for foreign travelers. The new minpaku law took effect on June 15. >>

  • WeWork emerges as a major force in Tokyo's sizzling office market 12.26.2018

    Shared workspace provider WeWork is shaping up as a powerful force in Tokyo's office real estate market, which is basking in its biggest boom since the bubble years of the early 1990s. The fast-growing American startup has been expanding rapidly in Tokyo's prime business districts since entering the market in February, as the office vacancy rate in the capital hits its lowest level in decades. >>

  • Warehouse operator GLP readies $5bn for Japan 12.25.2018

    Global warehouse operator GLP will set up an investment fund to pour around 625 billion yen [$5.6 billion] into logistics facility development in Japan, targeting a dozen or so properties planned in 2019 and beyond.>>

  • Tokyo office vacancies mark 27-year low 12.14.2018

    Vacancy rates for office space in central Tokyo dropped under 2% for the first time since the days of the bubble economy in 1991 on robust demand from a range of sectors, including games and information technology.>>

  • Fosun to buy 25% stake in Japan's Huis Ten Bosch park 12.07.2018

    Huis Ten Bosch Co., the operator of the Dutch-inspired theme park in southwestern Japan, will sell a nearly 25% stake to Chinese resort conglomerate Fosun Group, in a bid to attract more visitors from China.>>

  • Luxury Singapore real estate developer hops on Niseko bandwagon 12.07.2018

    Simon Cheong sees gold in the snowy town of Niseko. Five years ago, the self-made real estate mogul from Singapore sprained his knee while skiing at Niseko, then a moderately popular ski destination on Japan's northern island of Hokkaido. Unable to return to the slopes, he hobbled around town, his attention gradually drawn to the area's potential as a first-class resort rather than the middling reputation it had at the time. >>

  • Asian commercial property suffers first quarterly decline in two years 12.07.2018

    Asia-Pacific has suffered its first quarterly decline in existing commercial building investment in more than two years, according to an analytics company that tracks the sales of offices, industrial complexes, retail properties, apartments and hotels.>>


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