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Roppongi 5 Chome West set for 700 billion yen redevelopment project
On March 24th, the Nikkei Shimbun reported that Mori Building and Sumitomo Realty & Development have unveiled plans for a joint ¥700 billion redevelopment project in Roppongi, Tokyo. CG image courtesy of the Cabinet Office proposal; pdf of which is linked at the bottom of this article. This initiative, poised to be one of Japan's largest urban redevelopment projects, comes amidst rising construction material costs that have significantly inflated the budget. Artist render

Adam German
Mar 31, 20241 min read


Shinjuku station west exit redevelopment construction begins
Odakyu Electric Railway, Tokyo Metro, and Tokyu Land Corporation announced on March 25th the commencement of construction on a new 48...

Adam German
Mar 29, 20241 min read


Japan teleworking trend decreases slightly in 2023
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced on March 26th the results of the "Telework Population...

Adam German
Mar 28, 20242 min read


2024 MLIT Japan land price survey reveals nationwide increases
The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced on March 26th that the 2024 land price survey has been...

Adam German
Mar 27, 20243 min read


37 billion yen flows into JREITS via NISA accounts in January and February
On March 22nd, The Association for Real Estate Securitization (ARES) held a press briefing at The Capitol Hotel Tokyu, where...

Adam German
Mar 26, 20242 min read

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