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The Nikkei Shimbun reported that East Japan Railway Co. (JR East) and Itochu Corp. announced on December 23rd that they have begun discussions toward a management integration of their respective condominium-development subsidiaries. The structure of the integration has yet to be determined. Leveraging JR East-owned land and other assets, the companies aim to develop properties near train stations, primarily in the Greater Tokyo Area. JR East President Yoichi Kise (second from

On December 22nd, the Real Estate Economic Institute released its November 2025 report on market trends for brand-new condominiums in the Greater Tokyo Area (GTA). Photo by John on Unsplash On the same day, the Real Estate Information Network System Promotion Center published data on the usage of the Designated Distribution System (REINS), providing an overview of existing condo market activity. November 2025 Newly Built Condominium Market The number of newly built condomini

Average asking rents for rental housing rise year on year in November across multiple major urban areas, according to an AtHome survey of Japan’s rental market. AtHome is a dominant Japan-based property portal strong in residential leasing listings.  Subscribing agents upload their listings to AtHome and data presented below is an averaged aggregate of advertised rents. In nine of the thirteen surveyed metro areas across Japan, rents increase across all floor-area categories

Tokyo overtook New York to rank second globally for the first time in the Global Power City Index 2025, a yearly benchmark of global urban competitiveness, according to a report released on December 17th by the Mori Memorial Foundation’s Institute for Urban Strategies. Ranking graphic courtesy of the Mori Memorial Foundation. The Global Power City Index, compiled annually since 2008, evaluates 48 major cities worldwide across six categories - economy, research and development