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Juwai raising funds from institutional investors before IPO Juwai plans to use the funds raised to hire talent around the world to boost its presence, said Pittar, who previously served as chief operating officer at Juwai before being appointed CEO. [Extracted from the article]

Tomioka, where part of the Fukushima No.2 power plant sits, is one town where residents haven't been able to return. Haruhisa Endo, a long-time Tomioka resident who made his living as a stamp seller, showed us around his home (people are allowed to visit at set times during the day). Shimizu now works in a community space for Tomioka residents, organizing events like basket-making classes. [Extracted from the article]

Property brokerage plans to hire five to 10 people annually CBRE, whose deals include office buildings, warehouses, retail and residential properties, has nine offices around Japan and may add brokers outside of the capital too, he said. [Extracted from the article]

Japan REIT enters swap deal at negative interest rate Credit Suisse Group AG is predicting prices for prime Tokyo office space may rise 10 percent this year as a Japanese real estate investment trust refinanced bank debt in an agreement that means it will get paid to borrow. [Extracted from the article]

Mitsubishi Estate plans to open a new high-end outlet in 2018 Mitsubishi Estate will open a 10th premium outlet mall in Hanazono, Saitama prefecture, to the northwest of Tokyo, in 2018, Tajima said. Mitsubishi Estate owns the premium malls through a joint venture with Simon Property Group Inc., the largest U.S. mall owner. [Extracted from the article]

Japan's "Quiet Property Bubble" Faces End as Transactions Slide Property transactions slumped 31 percent in second half Investors bearish on Japan's property market now exceed bulls for the first time since 2008, according to a survey by Tokyo-based NLI Research Institute published this week. [Extracted from the article]

Apartment offerings in city drop 10% in 2015 as prices soar 9% Rich buyers taking advantage of record low borrowing costs have pushed prices in Tokyo beyond the reach of many ordinary buyers, taking the wind out of property sales. [Extracted from the article]

"I am looking for care facilities around Tokyo for elderly neighbors living alone to move to when families can't take care of them", said Murakami, who lives with his wife, said at his bakery in the Tokyo town of Kachidoki. To contact the reporters on this story:Katsuyo Kuwako in Tokyo at kkuwako@bloomberg.net;Finbarr Flynn in Tokyo at fflynn3@bloomberg.net;Takako Taniguchi in Tokyo at ttaniguchi4@bloomberg.netTo contact the editors responsible for this story:Brian Bremner at bbremner@bloomberg.netAndy Sharp. [Extracted from the article]

Nippon Life Insurance Co., which is seeking to gather about 300 billion yen ($2.4 billion) for what would be Japan's largest private real estate investment trust, is targeting returns of 4 percent as yields on government bonds languish near zero. Japan's largest insurance company is looking to appeal to pension plans and big institutions by offering the prospect of higher returns as the country's 10-year government bond is paying a yield of about 0.3 percent. [Extracted from the article]

Airbnb Inc. is seeking to increase its number of short-stay listings in Japan, its fastest-growing market. Attribution Yuji Nakamura: assist Marcus Wright: editor Katsuyo Kuwako: by reporter Sree Vidya Bhaktavatsalam: editor responsible Kathleen Chu: by reporter. [Extracted from the article]

Fewer apartments were put up for sale in Tokyo after flaws were found in hundreds of buildings with falsified construction data, threatening to cut short a home-price rally. The scandal may derail a rally in the residential market in Tokyo and surrounding areas, where the average price per apartment have been on the rise since late 2011, according to the Real Estate Economic Research Institute. [Extracted from the article]

Australia's higher margins, benchmark rates act as a lure Japan's biggest banks are looking to get more bang for their buck Down Under, expanding loans in Australia 25 percent in the past year. Sumitomo Mitsui's loan balance in Australia has grown in the past five years because of increasing project finance deals and loans to major local companies, said bank spokesman Takafumi Sasaki. [Extracted from the article]

Yokohama tilted building subcontractor cuts forecast 14% Asahi Kasei Corp., the Japanese subcontractor at the center of a probe that began with a tilted building in Yokohama, lowered its annual forecast by 14 percent. [Extracted from the article]

Asahi Kasei Corp., the Japanese subcontractor at the center of a probe stemming from a sagging apartment building, said it found more cases where data on foundation piles were altered. Attribution Komaki Ito: by reporter Katsuyo Kuwako: by reporter Russell Ward: editor Sree Vidya Bhaktavatsalam: editor responsible. [Extracted from the article]

Seibu wants to complete hotel rebuilding work by 2027 To contact the reporters on this story:Chris Cooper in Tokyo at +81-3-3201-7608 orccooper1@bloomberg.net;Katsuyo Kuwako in Tokyo at +81-3-3201-8311 orkkuwako@bloomberg.net;Takako Taniguchi in Tokyo at +81-3-3201-3048 orttaniguchi4@bloomberg.netTo contact the editors responsible for this story:Anand Krishnamoorthy at +65-6212-1165 oranandk@bloomberg.net;Sree Vidya Bhaktavatsalam at +852-2293-1577 orsbhaktavatsa@bloomberg.netAndreea Papuc, Sree Vidya Bhaktavatsalam. [Extracted from the article]

Japanese real estate investment trusts are joining apartment owners and regulators in pushing Asahi Kasei Corp. for answers on an apartment building sagging sideways on the outskirts of Tokyo, as concerns are mounting that it may not be an isolated case. Attribution Andreea Papuc: editor Komaki Ito: assist Katsuyo Kuwako: by reporter Sree Vidya Bhaktavatsalam: editor responsible Joji Mochida: by reporter Kathleen Chu: by reporter. [Extracted from the article]

To contact the reporter on this story:Katsuyo Kuwako in Tokyo at +81-3-3201-8311 orkkuwako@bloomberg.netTo contact the editors responsible for this story:Sree Vidya Bhaktavatsalam at +852-2293-1577 orsbhaktavatsa@bloomberg.netAndreea Papuc, Darren Boey Attribution Andreea Papuc: editor Katsuyo Kuwako: by reporter Sree Vidya Bhaktavatsalam: editor responsible Kathleen Chu: assist Darren Boey: editor. [Extracted from the article]

Asahi Kasei Construction Materials Corp., the subcontractor that worked on the building, didn't properly install foundation piles and then modified data in the installation report, Asahi Kasei said in a release late Wednesday. Attribution Andreea Papuc: editor Katsuyo Kuwako: assist by reporter Sree Vidya Bhaktavatsalam: editor responsible Kathleen Chu: by reporter Takahiko Hyuga: by reporter. [Extracted from the article]

A Chinese investor paid the highest price for two newly built Tokyo houses in more than a decade as residential property values in the Japanese capital accelerate. That is the most expensive price for a new house in Tokyo since at least 2004, according to data from the Tokyo-based Real Estate Economic Institute Co. [Extracted from the article]

Low interest rates in major economies such as the U.S., the euro region and Japan, which have sent government bond yields lower, have prompted investors to look for higher returns. Investors including Japan's Government Pension Investment Fund and Chinese institutions are diversifying into alternative assets such as real estate, supporting property prices, Dyer said. [Extracted from the article]

His company, Loadstar Capital K.K., made its first such loan last month, extending 20 million yen to a borrower with a four-story condominium in western Tokyo as collateral, Iwano said. Attribution Tesun Oh: by reporter Katsuyo Kuwako: by reporter Sandy Hendry: editor responsible Katrina Nicholas: editor responsible Ken McCallum: editor Tomoko Yamazaki: editor. [Extracted from the article]

To contact the reporters on this story: Chris Cooper in Tokyo at ccooper1@bloomberg.net; Katsuyo Kuwako in Tokyo at kkuwako@bloomberg.net "We've identified about 30 to 40 cities around Japan as possible locations", President Yoshiharu Hoshino said in an interview in Tokyo. [Extracted from the article]

To contact the reporters on this story: Kathleen Chu in Tokyo at kchu2@bloomberg.net; Katsuyo Kuwako in Tokyo at kkuwako@bloomberg.net Chinese buyers are typically purchasing in the 1 million to 2 million yuan ($161,000-$322,000) bracket, a range "tolerable to many Chinese", said Gui Liangjing, SouFun's international sales director in Beijing. [Extracted from the article]

"Medical tourism is a promising market in Japan and the weaker yen serves as a tailwind", Kentaro Nakamura, Capital Medica's head of corporate development, said this month in an interview. The global medical tourism market is worth up to $55 billion and is growing as much as 25 percent annually as the population of some markets age and become more affluent, according to research by Patients Beyond Borders. [Extracted from the article]

Anyone wondering why Prime Minister Shinzo Abe is crusading to get more women running Japan's male-dominated corporations should meet Miwako Date, daughter of Japanese billionaire property developer Akira Mori. Four years after Date became president of Mori Trust Hotels & Resorts Co., a unit of Mori Trust Co., the company is forecasting hotel revenue to grow 26 percent in the latest fiscal year. Date is the granddaughter of the late property tycoon Taikichiro Mori, who six decades ago founded Mori Fudosan. [Extracted from the article]

Tokio Marine, which traces its roots back 136 years to the Meiji era, is eager to avoid the missteps of the 1980s, when Japanese investors buoyed by bubble-era valuations snapped up landmark buildings that later came back to haunt them. "Japanese investors bought property directly and had quite a bit of trouble because of it", Kawano said in an interview in Tokyo. [Extracted from the article]

To contact the reporters on this story: Chikako Mogi in Tokyo at cmogi@bloomberg.net; Takako Taniguchi in Tokyo at ttaniguchi4@bloomberg.net; Katsuyo Kuwako in Tokyo at kkuwako@bloomberg.net That's little consolation for Japan's poor, who see spending on welfare fall behind Abe's other priorities such as defense and commerce. [Extracted from the article]

Mitsui Fudosan Co., Japan's biggest real estate developer, fell the most in a year in Tokyo trading after the company said it would raise as much as 324.6 billion yen ($3.2 billion) in a share sale. The last time Mitsui Fudosan sold shares to the public was in 1982 when the company issued 12 billion yen worth of securities, said Mitsutoshi Tenda, a company spokesman in Tokyo. [Extracted from the article]

Japanese property stocks, including Mitsui Fudosan Co. and Mitsubishi Estate Co., fell in Tokyo trading after the Bank of Japan refrained from enlarging its purchase of real estate investment trusts. The BOJ said in April it may increase the REIT purchase to 170 billion yen next fiscal year from a target of 140 billion yen. Bank of Japan Governor Haruhiko Kuroda, after the market closed, said there may be little room for the central bank's REIT purchases because the size of the REIT market is not big. [Extracted from the article]

AXA's caution about further investment in Japanese real estate prompted the recent departure of Hidetoshi Ono, the former head of the Japan Core Fund at AXA Real Estate Investment Managers in Singapore. AXA Real Estate also manages a couple of debt funds, which lend to real estate buyers, and invests in Japanese real estate on behalf of AXA's insurance division and other investors. [Extracted from the article]

"Mortgage rates were already low, so renewing a record low won't have much impact", said Yoji Otani, a property analyst in Tokyo at Deutsche Bank AG. An increase in wages is necessary to stoke demand amid rising property prices and building costs that have pushed new apartment prices higher, he said. [Extracted from the article]

Investment in Tokyo properties is surging on prospects that rents will rise, boosting returns, even after a 20 percent gain in prices since Japanese Prime Minister Shinzo Abe took office almost two years ago. The capitalization rate, a measure of investment yield, for office buildings in Tokyo fell to the lowest level since August 2009 in June, according to New York-based Real Capital Analytics Inc. [Extracted from the article]

Mori Trust Co., Japan's second-biggest closely held developer by sales, acquired Meguro Gajoen, an office and banquet hall complex in Tokyo that was put up for sale by Lone Star Funds. Mori Trust's acquisition includes five buildings on land of 37,000 square meters (398,265 square feet), the Tokyo-based company said in a statement, without naming Lone Star. [Extracted from the article]

The article reports on the growing number of foreign investors who were atracted with the decline in real estate prices and lax rule on selling foreigners forestland in Japan. It says that the biggest spike in forest purchases by foreigners has come in Hokkaido, indicating that China leads the purchases of Hokkaido forest and water rights. Hokkaido Governor Harumi Takahashi concerns about the lack of information about some of the land purchases and the development plans of overseas investors.