SUBSCRIBERS
Japan's 2015 commercial land prices increase for first time in 8 years
Published Tue, Mar 22, 2016 · 09:50 PM
Tokyo
JAPAN'S nationwide commercial land prices rose for the first time in eight years in 2015, driven by expectations that growing demand for hotel and retail spaces would boost property values, a government survey showed.
Prices rose 0.9 per cent last year after staying flat in 2014, according to the annual survey by the Ministry of Land, Infrastructure, Transport and Tourism.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit
Lucrum Capital looks to sell Killiney hotel site for S$195 million