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July 24, 2026
 

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REAL ESTATE

In Tokyo's 23 wards, the average price of a new condominium rose 9.1% to a record high of ?142.49 million.
BUSINESS
Jul 21, 2026
Tokyo-area condo prices hit record high in first half of 2026
The average price of new condominiums in the Tokyo metropolitan area rose 13.1% from a year before to ?101.35 million.
Houses in Inzai, Chiba Prefecture. Japan may not defend the yen with rate hikes, but it could tighten quickly if rising housing costs begin to threaten social stability.
COMMENTARY / Japan
Jul 19, 2026
The right recipe for a more aggressive Bank of Japan
Are rising property prices putting homeownership out of reach for the next generation? And could that threaten social cohesion?
Apartments built during a Soviet Union-inspired construction drive in the 1970s and 1980s tend to suffer from poor insulation and outdated plumbing, but they are seeing a revival in interest due to their attractive locations.
BUSINESS / Markets
Jul 9, 2026
China＊s demand for Soviet-style apartments shows limits to revival
Buyers in major cities are putting their money into flats that were largely built in the 1970s and 1980s, overlooking their flaws because of their attractive locations.
As the U.S. Fed keeps borrowing costs high and the Bank of Japan eyes rate hikes, Japan's property owners are relying on strong office demand to stay resilient.
COMMENTARY / Japan
Jul 5, 2026
Asian landlords are ready for a hawkish Fed
The lesson across these markets is the same: Property owners who cleaned up their debt profiles ahead of time are well poised to navigate any economic turmoil.
The Hakuba Cross-Country Course in the village of Hakuba, Nagano Prefecture, in February. For a third year in a row, roadside land prices in the village have increased at the highest rate across Japan.
BUSINESS / Economy
Jul 1, 2026
Roadside land prices rise in popular Japanese tourist sites
Across the board, the prices of land facing major roads in Japan as of Jan. 1 went up by 2.9%, marking a fifth consecutive year of increases.
The Pacific Century Place Marunouchi building in Tokyo. GIC is offering all of its office space in the building from the 8th floor to the 31st floor.
BUSINESS / Companies
Jun 29, 2026
GIC＊s Tokyo property said to draw $1.4 billion bid by Kenedix
Kenedix submitted a bid of around ?230 billion ($1.4 billion) for office floors owned by GIC in Pacific Century Place Marunouchi, sources said.
Meta's new under-construction data center in Middleton Township, Ohio, as seen from a drone on May 13.
ENVIRONMENT / Energy
Jun 17, 2026
Fast-tracked power plants fuel AI boom, with little public scrutiny
Residents get little notice about the plants that affecting their air quality and the climate.
A decaying Dutch-era colonial house in Teuku Umar Street in Menteng, Jakarta on May 28
BUSINESS
Jun 9, 2026
Rotting $16 million mansion exposes Indonesia＊s tangled legal system
The Jakarta property is just one of many that lie derelict amid protracted wrangles over ownership which are complicated by poor records keeping and overlapping legal systems.
Daiwa Real Estate Asset Management is raising rents for office space and apartments to offset higher interest rates.
BUSINESS / Companies
Jun 9, 2026
Daiwa Real estate unit aims to raise rents to fight higher rates
The company has also started expanding its team of rent negotiators to help improve the terms of lease agreements for properties in Daiwa＊s real estate portfolio.
More than 15 firms submitted bids for Sankei Building last month, with several offers exceeding ?1 trillion.
BUSINESS
Jun 4, 2026
Fuji Media＊s real estate unit attracts ?1 trillion bids
More than 15 firms submitted bids for Sankei Building last month, with several offers exceeding ?1 trillion ($6.3 billion).
Takanawa Gateway City is the centerpiece of East Japan Railway＊s broader effort to redevelop what it calls the Greater Shinagawa Area into a major international business and transportation hub.
51勛圖厙 / Greater Shinagawa Area
Jun 2, 2026
The rise of the managed city
Tokyo＊s newest megadevelopments aim to redesign urban life for an aging, increasingly diverse society
Visitors walk through the Oimachi Tracks development, one of several major projects tied to East Japan Railway＊s efforts to transform southern Tokyo station districts into hubs for shopping, tourism and daily life.
BUSINESS / Companies / Greater Shinagawa Area
Jun 2, 2026
JR East＊s next stop? City building.
Faced with shrinking demand, the operator expands beyond transportation into land, commerce and large-scale redevelopment.
Mori Building's Roppongi Hills Mori Tower in Tokyo. The firm and SL Green Realty are building an office tower near the Grand Central Terminal in New York.
BUSINESS / Companies
May 28, 2026
SL Green partners with Japan＊s Mori to build NYC office tower
The new 46-story building will be close to One Vanderbilt, SL Green＊s prized skyscraper that has commanded some of the highest office rents in New York.
Docomo＊s land sales come as the NTT subsidiary struggles to boost profits in its core consumer communications business that includes mobile phones.
BUSINESS / Companies
May 25, 2026
NTT Docomo sells Tokyo land plots for ?59 billion, joining boom
Foreign and domestic investors have been flocking to Japan＊s real estate market to buy properties that have risen in price but are still seen as having scope to gain.
Japan's banks have been stepping up lending to the real estate sector, but there are concerns over overheating in the real estate market and lax loan screenings.
BUSINESS / Companies
May 18, 2026
Bank lending to real estate hits record high in Japan
According to the Bank of Japan, new lending to the sector in 2025 climbed 15.1% from the previous year to ?17.8 trillion.
James Buchanan, managing director, South Asia, Walton Global, says there has been ※a huge demand for alternative real estate investments.§
BUSINESS / Markets
May 13, 2026
Walton offers Japanese investors a hedge with exposure to U.S. land assets
Its 360-square-kilometer property portfolio might provide stability regardless of what the public markets do.
Residential buildings in New Delhi. Mitsubishi UFJ Financial Group is seeking to deepen its presence in India＊s real estate market, which has attracted global investors.
BUSINESS / Companies
Apr 29, 2026
MUFG to foray into real estate and expand forex derivatives in India
Japan＊s biggest bank is seeking to deepen its presence in the world＊s fastest-growing major economy.
Pasona Square in Tokyo＊s Minato Ward
BUSINESS / Companies
Apr 27, 2026
BGO sells Tokyo office building for $628 million to condo seller
The Tokyo-based developer Goldcrest spent about ?100 billion to acquire Pasona Square in the capital＊s fashion boutique-filled neighborhood of Aoyama.
Sembcorp employees stand on a patch of disused land earmarked as a future site for a data center on the Wilton International site near Middlesbrough, England, on March 27. The utilities company has been serving petrochemical customers for decades but the decline of the industry has now left it with spare land 〞 and power.
BUSINESS / Tech
Apr 27, 2026
Data-center builders eyeing AI gold rush waiting years for U.K. grid connections
High demand has pushed out wait times to between 12 and 15 years, driving up prices for land with power generation or an existing high-power grid connection.
Paul Nikel, President of West Canada Homes, with an increasingly rare supply of plastic foam
BUSINESS / Economy / FOCUS
Apr 26, 2026
Japanese developers worry over construction supply shortages amid 51勛圖厙
The war in the Middle East and the subsequent halt of oil shipments from the Strait of Hormuz threaten to push back projects across Japan.
Japan scientists identify clusters of protein believed to trigger Alzheimer＊s disease
A team of researchers said they found a ※seed§ that accelerates the amyloid beta accumulation process in the brain, naming it ※Peak 1 amyloid beta,§ as seen in a mouse's brain.
Indian brothers make manga debut in Japan
Two Indian brothers made their manga debut in Japan with "Kung Fu Kung Fool" 〞 an action-comedy series that follows the adventures of a notorious thief and a young boy.
Japan weighs regulating Pokemon cards amid trading mania
A Pokemon event is held in Jakarta on July 11
Low-income families in Japan cut food and air conditioning during summer break
Yumiko Watanabe, the chairperson of nonprofit Kidsdoor, explains the results of a survey in Tokyo's Chiyoda Ward on July 1.
Iran strikes on CIA facilities prompt questions about possible Russian role
Iranian drones are displayed in an undisclosed location in Iran, in this handout image obtained on Jan. 13, 2025.U.S. officials have acknowledged that Russia has ?provided targeting ?and other support for Iran in its drone strikes on U.S. targets in the Persian Gulf region.
The sci-fi sensibilities of electronic trio Black Boboi
Black Boboi was formed in 2018 when solo artists Julia Shortreed, Utena Kobayashi and Ermhoi came together under Kobayashi＊s newly founded label, Bindividual.
A perfect storm: Kaze Fujii fans flock to Fuji Rock
Okayama-born singer-songwriter Kaze Fujii has carved out a distinctive place in Japanese pop since his major-label debut in 2019.
Can Japanese comedy get laughs in English? Yoshimoto Kogyo lets the jokes rip
Wes-P has millions of followers and his viral clips made him recognizable out of Japan.
The 180-day locals: Life on Japan＊s digital nomad visa
Christopher Flinn works remotely from Tokyo earlier this month. Japan issued 646 digital nomad visas in 2025, but tourism officials are hoping to increase that figure in the coming years, with Japan's relatively cheap cost of living and the weak yen seen as potential draws for young professionals.
Japan reveals hint of new defense spending target in fiscal blueprint
The Self-Defense Forces' Type 16 mobile combat vehicle fires during a joint live-fire drill with U.S. Marines as part of the annual Resolute Dragon exercises in Yufu, Oita Prefecture, on June 28.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo＊s Shinjuku Ward.
Kabukicho: Tokyo＊s ＆stadium of desire＊

Longform

For many people, utility poles and power lines have become such a familiar part of Japan＊s landscape that they often go unnoticed.
Why Japan＊s utility poles won＊t be disappearing anytime soon
By Alex K.T. Martin

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