The entrance to the Prince Vacation Club resort in Izu Nagaoka Onsen, Shizuoka Prefecture. (Photo by Yasuaki Takao)
Travel & Leisure

Japan's private resort hotel business makes comeback

New properties target growing ranks of wealthy seeking to avoid tourist crowds

4 January 2020
The demand for 5G compatible smartphones will be a boon for Samsung Electronics and chipmaker SK Hynix in particular, according to one analyst.
Business trends

Southeast Asia's 5G rollout to boost suppliers in 2020

Growing spending power in region underpins consumer and service sectors

3 January 2020
According to Singapore's Urban Redevelopment Authority, prices declined in prime areas such as the central region and city fringes but rose in the suburbs.
Property

Singapore private home prices rise again but pace weakens

Concerns about potential oversupply limit interest

2 January 2020
A Mitsubishi Estate property in Tokyo: The real estate developer has slightly over 1.5 trillion yen in overseas assets under management. (Photo courtesy of the company)
Property

Mitsubishi Estate to double flagship overseas fund to $9bn

Global property investments to be centrally managed

28 December 2019
Linda Wijaya and Michael Widjaja. (Nikkei Montage/ Source photo by Jun Suzuki and Keichiro Asahara)
27 December 2019
The Tsukuba Express passes through Tsukuba, Ibaraki Prefecture. Areas along the train line have logged population growth. (Photo by Nobuyoshi Shiota)
Economy

Japan keeps building suburbs even as population shrinks

Empty homes mushroom in urban areas, stalling plans for compact cities

27 December 2019
The logo of Hotel Unizo, under Japanese hotel operator Unizo Holdings, at the entrance of a Tokyo location.
Business deals

Unizo opts for employee buyout amid takeover battle

US fund Lone Star throws weight behind acquisition of Japanese hotelier

23 December 2019
Empty no more: A house in Chiba Prefecture that ADDress offers as part of its subscription-based housing service.
Startups

All-you-can-rent startups turn Japan's 8m empty homes into gems

Not quite Airbnb or WeWork, but eyesores gain new life

23 December 2019
Amazon boxes ready for delivery. Foreign investors are snapping up Japanese properties amid ultralow interest rates.
Property

Blackstone sells Tokyo-area Amazon hub to Nuveen for $370m

Latest Japan property deal unloads warehouse acquired earlier this year

19 December 2019
The Forestias on the outskirts of Bangkok will provide villas and condos, retail outlets and a sports center all set in a forest ecosystem (conceptual drawing provided by Magnolia Quality Development).
Property

Thai CP Group bets on $4bn project to snatch TCC's crown

Leading conglomerates compete to build country's biggest property development

18 December 2019
Along with its rental service, Oyo operates a hotel joint venture in Japan with SoftBank Corp. and the SoftBank Vision Fund. (Photo by Mami Osada)
Property

Yahoo Japan leaves rental venture with Indian startup Oyo

Home-leasing service hit with complaints from owners

18 December 2019
REITs are more selective and see value in property segments such as hotels and warehouses.
Nikkei Markets

Singapore REITs to keep market's love after bulking up

Inclusion in major indices could boost prices, trading volumes

12 December 2019
The Japanese ski resort Niseko has seen a massive influx of foreign visitors and investors.(Photo courtesy of Altus: https://flickr.com/photos/altus)
Economy

Cheap Japan: Investors dig up bargains in Niseko's powder paradise

Japanese town ranks just 31st in land prices among ski resorts worldwide

11 December 2019
The telelcom has yet to divulge why it is leasing office space in the new 47-story building, located in the heart of the busy shopping, entertainment and business hub.
Property

SoftBank to open new office in Tokyo's Shibuya district

Japanese telecom will be joined by WeWork in high-rise above 'scramble square'

10 December 2019
A girl collects drinking water outside Yangon: Myanmar's economic development hinges on the construction of more modern infrastructure.
Engineering & Construction

Ayala and Yoma team up to close Myanmar's infrastructure gap

Conglomerates' power and water plans promise to help offset limited public funds

10 December 2019
Vacant property is a burden on parts of Japan beset by population decline, such as former coal boomtown Yubari in Hokkaido. 
Property

Japan's abandoned homes to undergo bigger effort for new lease on life

Government panel recommends scaling up land banks nationwide

10 December 2019
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Nikkei Markets

Asian shares rise despite weaker exports data from China

Energy company stocks outperform after Brent crude jumps

9 December 2019
Keppel REIT is one of Asia's leading real estate investment trusts with a portfolio of Grade-A commercial assets in such cities as Singapore, Sydney and Seoul.
Business deals

Singapore-based Keppel REIT in $110m green loan from OCBC

Listed landlord plans to expand its environmentally friendly building portfolio

6 December 2019
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Nikkei Markets

Asian stocks decline as fresh concerns surface over trade

US tariffs on Brazil and Argentina spark fears Trump may harden stance on China

3 December 2019
GLP Alfalink Sagamihara will be completed in four phases, starting February 2020 and running through February 2024. (Rendering courtesy of GLP Japan)
Property

GLP readies to break ground on huge logistics park near Yokohama

Alfalink Sagamihara will become one of Japan's largest delivery centers

3 December 2019
Singapore, Asia's largest market for property trusts outside Japan, has seen a slew of property-related mergers and acquisitions this year as REIT managers take advantage of strong investor demand for relatively high-yielding securities and low interest rates to acquire assets.
Business deals

Two Singapore REITs to merge as players chase scale

Frasers Logistics, Frasers Commercial will hold 98 properties worth $4.2bn

2 December 2019
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Nikkei Markets

Asian stocks fall amid concerns US-China relations may worsen

Hong Kong property developers among major losers on A300 index

29 November 2019
PMC Bank customers rush to withdraw money from a branch in Mumbai in September. In a decade of alleged deception, the bank's exposure to a single housing developer reached 70% of total assets.
Industry in focus

Indian financial sector stuck in real estate quicksand

Over 500,000 stalled housing units deepen economic mess for Modi

28 November 2019
Apartment prices in Seoul accelerated more than 6% in 2018 from the previous year.
Property

South Korea scrambles to tame soaring Seoul apartment prices

Amid weak growth, real estate has become something of a national obsession

22 November 2019