Airbnb Rentals Planned by Japan Real Estate Firm on Tourist Boom.

Star Mica Co., a Tokyo-listed real-estate company founded by an ex-Goldman Sachs Group Inc. banker, plans to double returns from apartments using Airbnb to house tourists from abroad. Shinichi Tatebayashi, the chief executive officer of the startup Squeeze, said he decided to establish the company because of his experience renting out an apartment in Japan while working in Singapore. [Extracted from the article]