Market Trend
Now it’s time to diversify your assets for family business, why FB is active?
2020年11月5日 Family BusinessMarket Trend
Since COVID-19 pandemic, family businesses in Japan have been quite active in terms of asset diversification. Not only real estate companies but also other industries have been acquiring properties in central Tokyo. The background to facilitate their activities are as follows; 1 Prime asset acquisition 2 Decent price 3 Liquidity, cheap finance 4 …
REIT is good investment or not?
2020年10月28日 Market Trend
REIT used to purchase good quality assets strictly complying with laws regulations Now a days, REIT has got more flexible and aggressive in terms of their acquisition Their behavior looks more like that of opportunistic investors If REIT behave more like opportunistic investors, REIT would imply high risk modest return We may see some …
Land Price trend & prospects in Japan
2020年9月30日 Market Trend
In Japan there are two national land price surveys: 1 Chika koji survey as of Jan 1st, conducted by MLIT, 2 Chika chosa survey as of July 1st, conducted by each prefecture. The result of Chika chosa survey as of July 1st 2020 has just been announced. Generally, nation wide commercial land price has dropped …
Fundamental reasons for Hotel bankruptcy
2020年9月18日 Market Trend
In Japan, several hotel under performance and bankruptcy cases have been seen since COVID-19 pandemic appeared in this Feb. However, a hotel consultancy mentioned that before COVID, hotel industry had already been saturated in supply even for the increasing demand and financial conditions of so-called budget hotels had been unhealthy. I had a discussion with …
The location criteria of data center
2020年9月12日 Market Trend
Since the COVID -19 pandemic appeared, we have been forced to change our life as well as working styles. Most investors’ intentions have been focusing on residential, logistics and hospitality assets and one of the new directions is data center. Today, I would like to spend some time to analyze the best data center location …
JP Hotel bankruptcy cases and their background
2020年8月25日 Market Trend
According to the hotel bank, https://hotelbank.jp/coronavirus-bankruptcy-hotel-july12020/ the hotel bankruptcy cases we have found so far are as follows. Especially Ryokan bankruptcy cases are notable. Ryokan can vary from 2-5 star hotels in terms of services and facilities accompanied by traditional Japanese style, full service and full board. Till June 2020, officially 35 hotels have been …
Why should your company be highly profitable? -Only one preventive measure against the recession-
2020年8月23日 Market TrendPhilosophy
It was around 2008, just after Lehman brothers’ clash, Mr. Inamori*, the legendary Japanese entrepreneur spoke something about the preventive measure to the recession and measures to be implemented to overcome the current recession. For this time, I would like to share what is the most effective preventive measure against the unexpected recession and measurements …
Investment product analysis : Land with leased fee interest in land, Sokochi
2020年8月15日 Market Trend
When I was working for non-Japanese financial institution and managed Japan portfolio, sometimes non-Japanese colleagues were surprised to find that in Japan the tenure of land and building can be different. This is one of the tricky parts in real estate investment in Japan. Ground lease structure looks a bit complicated and some investors …
Investing into a property in Shibuya is good or not?
2020年8月13日 Market Trend
Nikkei announced that the office vacancy in Shibuya has increased in this Q2. Past years IT companies have been concentrated in Shibuya region. Due to COVID19 pandemic, the majority of them have shifted into the remote work and redundant office spaces appeared. This time, I would like to spend some time to analyze the potential …
How to convert hotels under COVID 19 pandemic in Japan?
2020年8月7日 Market Trend
Since the pandemic started in February 2020, there have been several hotel bankruptcy cases in Japan. Most of them are old hotel buildings however some have been found as brand-new buildings. Therefore, today, I would like to analyze how we can use those abandoned hotels. In other words, the possible options for us to work …
