Please click the link below to view Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December. 2009
*ADR / RevPAR = calculated from local currencies to USD at rates as of 20.February.2009 Click here to read more »
Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December. 2009
Japan Hotel Occ. Rate - December. 2009
Please click the link below to view Hotel occupancy rates in major Japanese cities and hotels - December. 2009 Click here to read more »
Hotels on Market Update - February. 2010
(sample image)
Hotels on Market Update - February .2010
- From small profitable hotel to world class trophy hotel- Click here to read more »
Transaction Record in Tokyo until February 2010
RisonaMaruha Building:sold at JPY42,000,000,000-(Dec.2009)
Transaction Record in Tokyo until February 2010
( Listed Companies` transactions only )
Japan Real Estate Market Summary-January.2009
Opportunities in a Recovering Real Estate Market
Japan Real Estate Market Summary
In the beginning of 2010, there is urgency with some property holders to
refinance by the Japanese fiscal year end in March. For this reason, buyers
can expect a boost in 2-4% net cap rate in a mostly opportunistic B and C class properties
and a few A class properties.
Opportunities in prime properties held by institutional investors and REITs are rare however
available. (Please inquire for property profiles.)
Sellers that are rushing to refinance often require quick decisions since time
is of the essence. The “rush to refinance” pattern is often seen to begin
towards the end of January, peaking in mid February with due diligence, negotiations
and closing quickly following before March 31st.
Asterisk Realty witnessed a strong example of this in early 2009 when buyers
took advantage of the opportunities that were provided by an increasing number
of distressed property holders. Click here to read more »
Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - November. 2009
Please click the link below to view Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - November. 2009
*ADR / RevPAR = calculated from local currencies to USD at rates as of 11.Jan.2009 Click here to read more »
Japan Hotel Occ. Rate - November. 2009
Please click the link below to view Hotel occupancy rates in major Japanese cities and hotels - November. 2009
Transaction Record in Tokyo untill 2009(Small size/Under 1,000,000,000-JPY)
*Prime Urban Chitosefunabashi : Sold at JPY885,000,000-
Transaction Record in Tokyo untill 2009(Small size/Under 1,000,000,000-JPY)
( Listed Companies` transactions only )
Click here to read more »
Japan Real Estate Market Summary-December.2009
Japan Real Estate Market Summary
Towards end of November 2009, Asterisk observed more emerging, new opportunities than the 3 preceding months.
Due to the shortage of opportunities in the last 3 months, the target cap rate gap between domestic Japanese sellers and buyers has increased.
We are seeing some rapid sales at the end of the year.
This is making market price better for buyers and we think this condition will last until the end of March 2010. Click here to read more »
Largest Transaction in 2009 “PCP Marunouchi was sold at JPY 140 billion.”
Pacific Century Place Marunouchi
Largest Transaction in 2009 “PCP Marunouchi was sold at JPY 140 billion.”
Secured Capital Japan announced its acquisition of Pacific Century Place Marunouchi from lenders(leaded by Shinsei Bank) of loans to SPC of DaVinci Advisors .
Transaction price is about JPY 140 Billion.(estimatd). this mega deal is a largest transaction in 2009 Japanese real estate market .
News Letter
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- Selected Commercial Properties Update - March 06 .2009
- Japan Real Estate Market Summary-February.2009
- Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December. 2009
- Japan Hotel Occ. Rate - December. 2009
- Selected Residential Properties (Small size / Under 1,000,000,000- JPY) Update - February 12. 2010