Last Update: 08/20 2019 15:00 JST

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Industry Trends

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

  • PropTech VC Fifth Wall closes second fund with investments from Japan 08.20.2019

    U.S.-based Fifth Wall Ventures Management closed its second fund worth $503 million in July 2019. Mitsubishi Estate and Kenedix participated from Japan as major investors. Fifth Wall has become the largest venture capital in the world among those specialized in real estate technology, also known as PropTech.>>

  • Fortress to conduct TOB targeting Unizo; to counter H.I.S. 08.20.2019

    U.S.-based Fortress Investment Group will conduct a take-over-bid (TOB) targeting Unizo Holdings. The tender offer price is 4,000 yen [$36] per share. Fortress Investment Group aims to acquire all of the shares by investing 137.5 billion yen [$1.2 billion]. >>

  • Nomura to develop small-scale office building brand H1O 08.19.2019

    Nomura Real Estate Development launched H1O, which is a brand of small-scale rental office buildings specialized in office space for companies with less than ten employees and stands for Human First Office. >>

  • Aberdeen Standard hires Hidetoshi Ono 08.09.2019

    U.K.-based Aberdeen Standard Investments (ASI) hired Hidetoshi Ono who has 25 years of experience in the industry as the representative of the real estate department at its Japanese arm. >>

  • Es-Con joins Thailand condominium development project 08.08.2019

    Chiyoda-ku-based condominium developer Es-Con Japan will participate in a for-sale condominium development project in Thailand. The condominium will be developed jointly with a local developer listed on the market. This is the company's first overseas project to develop a residential property. >>

  • Nishi-Nippon Railroad to engage in Y20bn Vietnam residential development 08.07.2019

    Nishi-Nippon Railroad (a.k.a. Nishitetsu) will start construction of its eighth for-sale residential development in Vietnam in March 2020. It is a project implemented jointly with a major housing developer in Ho Chi Minh City. The total project cost is approximately 20.2 billion yen [$180 million]. >>

  • Shinoken to launch Indonesian REIT 07.31.2019

    Shinoken Group, which is engaged in development of rental apartments, will enter the real estate fund business in Indonesia including REITs. It revealed on July 29 that Shinoken Asset Management Indonesia, which is its local subsidiary, obtained a license for investment management business from the Financial Services Authority of Indonesia. It is the first foreign company to obtain such license.>>

  • Sumitomo secures office building site in India 07.26.2019

    Sumitomo Realty & Development secured 12,486 m2 of office building site in Mumbai, India through its local subsidiary. The site will be leased for 80 years from an organization affiliated with the local state government, and the acquisition price of the leasehold is 22.38 billion rupees [$320 million]. >>

  • Nomura acquires office building in Vietnam 07.25.2019

    Nomura Real Estate Development acquired an office building in Ho Chi Minh City, Vietnam in July 2019. Nomura group positions overseas business as one of the growth fields and will invest approximately 300 billion yen [$2.7 billion] by the fiscal period ending March 2028. >>

  • APL starts renovation of large retail facility in Yokosuka 07.23.2019

    Asia Pacific Land (APL) started the large-scale renovation work of a large retail facility in Honcho, Yokosuka City, Kanagawa Prefecture. Opening is targeted for spring 2020.>>


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Founded in 1969, Nikkei Business Publications is the publisher of the Nikkei Real Estate Market Report and is the leading provider of business information and commercial property transaction data for Japan. Part of the Nikkei Group, one of the world's largest financial media companies, Nikkei Business Publications is based in Tokyo and has over 900 employees.

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