Please click the link below to view Selected Commercial Properties on market - March 06 .2010 Click here to read more »
Japan Real Estate Market Summary-February.2009
“Japanese Fiscal Year End 2010: Windows of Opportunity.”
Japan Real Estate Market Summary
With pressure from a booming CMBS market and fiscal year end liquidations, some cash rich buyers are finding bargain deals that usually only appear once a year:
In recent news, PREEF announced it’s acquisition of Frontier Ebisu completed in 37 million Euros (4.62 billion JPY currency rate EUR 1 = 124.99 JPY as of 02/22/2010) with an estimated Cap rate of 6.5%.
This deal was on market for 1 year, beginning at an asking price of 7 billion JPY.
This is one example of a distressed seller liquidating at much lower price.
There are some other undergoing deals favoring buyers initiative as fiscal year end distressed selling is now at its peak period until the end of the Japanese fiscal year on March 31.
There are potentially more distressed inventory which we may see on sale within 2010 as refinancing dates approach. Click here to read more »
Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December. 2009
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 »
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 »
Selected Residential Properties (Small size / Under 1,000,000,000- JPY) Update - February 12. 2010
*Sample Image*
Please click the link below to view Selected Residential Properties on market- February 12 .2010
Hotels on Market Update - February. 2010
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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 )
Selected Commercial Properties Update - February 04 .2010
Please click the link below to view Selected Commercial Properties on market - February 04 .2010 Click here to read more »
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 »
Selected Residential Properties Update - January 20.2010
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Please click the link below to view Selected Residential Properties on market- January 20 .2010
Click here to read more »
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