Home2019 2019 October

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Henn-na Hotel (変なホテル) means “Weird Hotel(s).” It is a chain of hotels in Japan (including Tokyo) in which there are robot assistants instead of staff. The robot assistants are called “Tapia.” Instead of humans, the front desk staff are robotic dinosaurs. The Henn-na Hotels chain is one of the strangest hotel chains in Japan. However, recently, it has been made public that unscrupulous individuals such as hackers could hack the “Tapia” robot assistants that face the...

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On July 28, JLL (Jones Lang LaSalle Incorporated, an American firm specializing in commercial real estate around the world) announced preliminary figures for Japan’s commercial real estate investment in the first nine months of 2019, up to the third quarter. In the first nine months, it was 3.159 trillion yen (up 2% year-on-year), and in the third quarter it was 0.917 trillion yen (up 9% year-on-year). The first half of the year (January to June)...

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A seminar and cross-industry exchange meeting, “Koshigatari,” held by Mr. Takahiro Koshimizu, who owns and operates 66 rental housing units in five buildings in Kawasaki City, Kanagawa Prefecture, was held on the 17th. About 60 people participated. This is the 52nd time it has been held. On the theme of “how to make DIY-capable home property choices in the future,” DIY producer Makiko Ishii and Housemate Management Solutions Business Unit Manager Naoko Ibe gave a...

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The East Japan Real Estate Distribution Organization, also known as “Reins,” an organization that operates the central Japanese real estate database, announced a trend in the real estate distribution market in the Tokyo metropolitan area for the period from July to September 2019. The number of contracts for second-hand (already-existing) condominiums in the Tokyo metropolitan area was 9,406 (up 8.3% year-on-year), surpassing the previous year’s results for the fourth consecutive quarter. Q3 was the highest...

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The Japan Tourism Agency announced the “Status of Execution of the Housing Accommodation Business Law” on October 10. The law pertains to bed and breakfasts (B&Bs), such as Airbnb. The number of reported residential accommodation businesses was 20,911, which was approximately 9.5 times higher than the 2,210 reported as of June 15, 2018. In addition, the number of businesses abolished was 1,805, and the number of reported houses as of the 10th was 19,106. Based...

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Mitsui Fudosan Co., Ltd. announced on May 16 that it will promote initiatives for regional development and revitalization centered on Oyabe City, Toyama Prefecture, based on a partnership agreement signed with University of Toyama  (a national university) in May. Centering on research and surveys through Mitsui Outlet Park Hokuriku Oyabe (Oyabe City, Toyama Prefecture), the two parties will cooperate in a wide range of fields such as human resource exchange and development, community development, and...

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The Ministry of Land, Infrastructure, Transport and Tourism will hold briefing sessions at 17 venues nationwide from November 1 on the “Act Revising the Part of the Law Concerning the Improvement of Energy Consumption Performance of Buildings (Revised Building Energy Conservation Law)”. It will be held for businesses that are small-scale (less than 300 square meters) and medium- and large-scale (more than 300 square meters). It will deal with energy conservation of houses and buildings....

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Contents of “Forever Solar for Aerotech”   Mitsubishi Estate Home Co., Ltd. will start a service called “Forever Solar for Aerotech,” that installs solar power generators for free, on the 17th. The company and a service provider (Tokyo Gas Co., Ltd.) will jointly provide a solar power generation system free of charge for newly-contracted properties. The customer enters into a 10-year contract with the service provider through the company. The company installs a solar power...

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An Artist’s Concept Drawing of the (Tentatively-Named) “Yaesu 1-Chōme North District Type 1 Urban Redevelopment Project”   Tokyo Tatemono Co., Ltd. moved forward as a member of the Yaesu 1-Chōme Kita District Redevelopment Preparatory Association on the 11th. It was announced that the decision regarding the plan, and the specific project of the National Strategic Special Zone in the Tokyo area, were approved by the Prime Minister. The planned site is located near the Nihonbashi...

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On the 15th, the Ministry of Land, Infrastructure, Transport and Tourism announced the real estate price index for June 2019 (housing) and the second quarter (commercial real estate). The 10-year average of the index is 100. The housing index for that month was 113.6 (up 1.5% year-on-year), increasing for 55 consecutive months. Residential land was 101.1 (up 0.3%) and detached houses were 101.7 (down 0.9%). Separately-owned condominiums were 145.5 (up 2.5%). By urban area, the...