TOKYO (Nikkei)--The office vacancy rate in Tokyo's five central wards as of the end of October fell 0.34 point on the month to 7.56%, marking its lowest level in four years and four months, according to data released Thursday by office space broker Miki Shoji Co.
TOKYO (Nikkei)--A new redevelopment project that has kicked off in Tokyo's Roppongi district will give the neighborhood another mammoth commercial complex and the city's second-tallest skyscraper by 2016.
TOKYO (NQN)--Housing starts in September rose 19.4% on the year to 88,539 units, marking the 13th straight month of increase and the biggest figure since October 2008, the Infrastructure Ministry reported Thursday afternoon.
TOKYO (Nikkei)--Japan's condominium market is surging, and major property developers look ready to raise condo prices to keep up with growing demand and construction costs. But there are several reasons for developers to remain cautious.
TOKYO (Nikkei)--Mitsui Fudosan Co. (8801) will develop office buildings targeting start-ups in the U.S. city of San Francisco in light of recovering real estate demand there.