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InvestmentReal estateStrong occupancy rate and favourable rent

1 year ago2602 min

AD Investment Management (Chiyoda-ku, Tokyo), an asset management company part of the Advance Residence Investment Corporation, which specializes in residential JREIT, held an investment briefing session for individual investors. 　The company currently manages 264 properties with an asset scale estimating 448.1 billion JPY. The average occupancy rate from August 2018 to the end of January was 97%, 0.5% higher than the forecast, and the rent increased by 0.38%, indicating steady progress for nine consecutive terms. As...

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JapanJapan awarded ‘Global Champion’ by World Tour Tourism Council’s (WTTC). Praised for disaster prevention, crisis management and recovery

1 year ago2282 min

Keichii Ishii, Minister of Land, Infrastructure, Transport and Tourism Government of Japan, has been selected as the 2019 winner of the WTTC Global Champions Award by the World Travel Tourism Council (WTTC), a private non-profit organization comprised of top global tourism-related companies. The award ceremony was held on April 3rd in Sevilla, Spain, as part of the WTTC Global Summit. 　Japan has been highly regarded for its leadership in disaster prevention and crisis management system,...

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Real estateAverage of 29.5 million JPY for renovation costs in 2018, according to HomePro research

1 year ago2603 min

HomePro (Chuo-ku, Tokyo), which operates in home improvement services, has recently announced the results of their 2018 user data survey. According to the study, the average cost of remodeling has decreased by 90,000 yen from the previous year to 2,095,000 yen. The amount for apartments was 19.45 million yen, while the detached house gravitated towards 218.1 million yen, with a difference of 236,000 yen between the two. 　In regards to the reasons behind using services from a renovation...

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