Asterisk Realty

“Hotels on Market Update - July .2009 - Hotels & Ryokan (Small to Mid-Size)”

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

Past “Hotel Transaction Record in Japan”
“Hotel Transaction Record in Japan from 2002 (July) – 2010 (April)”

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – May 2010″

“Hotel occupancy rates in major Japanese cities and hotels – May 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – April 2010″

“Hotel occupancy rates in major Japanese cities and hotels – April 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – March 2010″

“Hotel occupancy rates in major Japanese cities and hotels – March 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - Feburary 2010″

“Hotel occupancy rates in major Japanese cities and hotels - Feburary 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - January 2010″

“Hotel occupancy rates in major Japanese cities and hotels - January 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - December 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - November 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - November 2009″

“Hotel occupancy rates in major Japanese cities and hotels - October 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - October 2009″

“Hotel occupancy rates in major Japanese cities and hotels - September 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - September 2009″

“Hotel occupancy rates in major Japanese cities and hotels - August 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - August 2009″

“Hotel occupancy rates in major Japanese cities and hotels - July 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - July 2009″

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

“Hotel occupancy rates in major Japanese cities and hotels - June 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - June 2009″

“Hotel occupancy rates in major Japanese cities and hotels - May 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - May 2009″

“Hotel occupancy rates in major Japanese cities - April 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - April 2009″

“Hotel occupancy rates in major Japanese cities - March 2009″

“Hotel occupancy rates in major Japanese cities - Feb 2009″

Superb off-market properties are rarely seen in the open market even during times of financial hardship. However there is a door way into the discrete market where conservative Japanese property owners welcome trusted and accredited “outside buyers”. Asterisk Realty is an exclusive gateway to build trust with foreign investment interest and introduce the best of the best off-market properties.

Japan Hotel Occ. Rate - June. 2010

admin — Tue, 24 Aug 2010 08:35:06 +0000

Please click the link below to view Hotel occupancy rates in major Japanese cities and hotels - June. 2010

Japan Average Hotel Occupancy Rate as of June.2010 (unit basis)
City	No. of hotels monitored	June.2010	June.2009	Change
Sapporo	15	82.9%	77.3%	+5.6%
Sendai	8	65.1%	69.8%	-4.7%
Tokyo	37	75.1%	66.7%	+8.4%
Urayasu	3	83.5%	80.3%	+3.2%
Yokohama	5	66.6%	71.3%	-4.7%
Nagoya	10	64.5%	59.1%	+5.4%
Osaka	28	75.2%	61.1%	+14.1%
Kyoto	13	79.7%	62.9%	+16.8%
Kobe	5	67.3%	50.9%	+16.4%
Hirosima	11	65.6%	65.7%	-0.1%
Fukuoka	10	65.0%	61.1%	-3.9%
Okinawa	16	65.9%	66.1%	-0.2%

Name	Type	April.2010	April.2009	Change
Hotel New Otani	Luxury / FS / Downtown	46.7%	34.2%	+0.125%
Royal Park Hotel	Up-scale / FS / Downtown	79.5%	56.3%	+23.2%
Akasaka Excell Hotel	Mid-price / FS / Downtown	75.4%	51.0%	+21.4%
Daiichi Hotel Annex	Mid-price / FS / Downtown	87.2%	82.5%	+4.7%
Haneda Excell Hotel (Airport)	Mid-price / LS / Airport	88.9%	84.4%	+4.5%
Courtyard Mariott Ginza	Up-scale / FS / Downtown	84.1%	77.6%	+6.5%
Imperial Hotel Tokyo	Luxury / FS / Downtown	78.0%	63.6%	+14.4%
Sunroute plaza Tokyo	Mid-price / LS / Downtown	88.0%	83.2%	+4.8%
Tokyo Bay Hotel Tokyu (in Tokyo Disney resort)	Up-scale / FS / Resort-Theme Park	76.3%	73.6%	-2.7%
Yokohama Royal park Hotel	Mid-price / LS / Downtown	70.9%	76.5%	-5.6%
Radisson Hotel Narita (Airport)	Up-scale / LS / Airport	96.5%	86.5%	+10%
Kyoto Hotel Okura	Up-scale / FS / Downtown	81.1%	69.2%	+11.9%
Hotel Nikko Osaka	Up-scale / FS / Downtown	76.6%	59.0%	+17.6%

*FS = Full service hotel , *LS = Limited service hotel

Source: “Hotel & Restaurant”

Please make an inquiry either by phone or email for further details , disclosure and more investment opportunities to Japanese Hotels and Resorts.

contact : info@asteriskrealty.jp

Past “Hotels on Market Update”

“Hotels on Market Update - July .2009 - Hotels & Ryokan (Small to Mid-Size)”

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

Past “Hotel Transaction Record in Japan”
“Hotel Transaction Record in Japan from 2002 (July) – 2010 (April)”

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – May 2010″

“Hotel occupancy rates in major Japanese cities and hotels – May 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – April 2010″

“Hotel occupancy rates in major Japanese cities and hotels – April 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – March 2010″

“Hotel occupancy rates in major Japanese cities and hotels – March 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - Feburary 2010″

“Hotel occupancy rates in major Japanese cities and hotels - Feburary 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - January 2010″

“Hotel occupancy rates in major Japanese cities and hotels - January 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - December 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - November 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - November 2009″

“Hotel occupancy rates in major Japanese cities and hotels - October 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - October 2009″

“Hotel occupancy rates in major Japanese cities and hotels - September 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - September 2009″

“Hotel occupancy rates in major Japanese cities and hotels - August 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - August 2009″

“Hotel occupancy rates in major Japanese cities and hotels - July 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - July 2009″

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

“Hotel occupancy rates in major Japanese cities and hotels - June 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - June 2009″

“Hotel occupancy rates in major Japanese cities and hotels - May 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - May 2009″

“Hotel occupancy rates in major Japanese cities - April 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - April 2009″

“Hotel occupancy rates in major Japanese cities - March 2009″

“Hotel occupancy rates in major Japanese cities - Feb 2009″

Transaction Record in Tokyo until June 2010

Japan Real Estate Investment Summary -Summer/August.2010-

admin — Sat, 07 Aug 2010 11:21:54 +0000

“Awakening of the Tokyo core market”

Japan Real Estate Investment Market Summary

Japanese lenders are experiencing most optimistic mood in the Japanese real estate market since the credit crunch in 2008.

Market Forecast
Japanese REITs and major institutional investors think that major developers will be motivated to buy new projects and properties with an improving credit market. Cash rich developers are likely to be seeking good investment deals before REITs and major domestic investment entities recover from the effects of recession. In recent major developments, NTT Urban Development acquired 53.1% of Premier REIT Advisors Co. Ltd. By entering into the asset management business of J-REIT through the Transaction, the Company aims to grow the assets under management, and progressively develop and grow their core business in, “Leasing and Residential Property Sales”.
Ex-Japan Asian investors are accelerating activities in Japan. Several well known institutional investors acquired Japanese hotels in the first half of 2010.

Akihabara UDX (Developed by NTT Urban Development)

Recent Major Highlights

In the REIT market, Singapore based company RECAP acquired 70% stocks of asset management company of Nippon Hotel REIT through its Malaysian subsidiary.
According to the opinion of insiders of J-REIT and domestic major players, there is off-market competition to buy A-B class office properties in Tokyo since demand is strong however supply is very limited.
Due to stable, strong demand and better opportunities to attain financial leverage, Asterisk expects market cap rate for properties to decrease for prime office buildings in Tokyo CBD. Among other significant players are non-Japanese Asian investors. Pacific Alliance Group, an Asia-focused fund investment manager, said it expects to at least double its investments in Japan over the next year or so to 500 million USD as financial institutions speed up sales of distressed assets.
On a separate note, Asterisk expects Japanese investors to take advantage of the strong yen to invest overseas for higher returns, future growth and capital appreciation. Through our client base, we have many queries about investing in oversea markets from Japanese institutional investors.

Credit market & Earnings Recovery
According to Bloomberg, Japanese lenders which suffered a decade of bad debts and loan losses after the property bubble burst in 1990, are looking to provide more loans for real estate investments as they bet prices will recover from a 36-year low.
Aozora Bank Ltd. plans to increase loans to more than a net of 100 billion yen ($1 billion) from 30 billion yen a year earlier.
Sumitomo Trust & Banking Co., expects operating profit from real estate to rise to 19 billion yen for the year ending March 2011, from 10.6 billion yen a year earlier, the bank said on its website.

Office Market
Market Status
Office leasing market may take some more time to stabilize, however a substantial majority of opinion and research indicate market consensus that Japan has passed worst times of recession and is currently in an re-adjustment stage for future growth.
In the office property investment market, deals for Core investors are becoming increasingly limited and competitive. Connections to off market property and quick decision making are key in winning prime opportunities.
Among the most recent transaction by foreign investors, AM Alpha (Germany) acquired office building in Aoyama in July. estimated transaction price is JPY 9 billion.
On another note, the market is less limited and competitive for smaller size office buildings which are just outside of the investment criteria of large institutional investors (size, building age…etc). Smaller office buildings should be very interesting, once market activities get more accelerated. Now is a good time to make an initiative position.

Rune Aoyama Building

Occupancy Rate (e-miki.com)
*90.86% : Average central Tokyo office building occupancy (June.2010)

Market Cap rate (Central Tokyo Only)
*Office buildings in Tokyo 5 wards prime areas,built in about 10yrs, lot size is more than 10 billion JPY, cap rate is about 4.00-5.25%
*Office buildings in Tokyo 5 wards prime areas,built in about 20yrs, lot size is more than 5 billion JPY, cap rate is about 5.00-6.25%
*Smaller size office buildings (lot size : less than 1 billion JPY) : cap rate is 6.00 - 8.00%

Selected Properties (Office)
1. Central Tokyo Office Building (Minato-ku)
Completed : 2008
No. of floor: 4
Building Area : Approx. 3,000m2
Occupancy : 83%
Asking Price : JPY 2,500,000,000- (negotiable)
Net Operating Income / Cap Rate : 7.00%+
Remarks : Opportunistic / Ditressed

2 Yokohama Office Building (Yokohama-City,Kanagawa.)
Completed : 1992
No. of floor: 9
Building Area : 10,400m2
Occupancy : 82%
Asking Price : JPY 1,700,000,000-
Net Operating Income / Cap Rate : N.A
Gross Cap Rate :　12.8%
Remarks : Opportunistic

Residential Market
Market Status
Stable. Luxury condominium sales remain steadily increasing since 2008.
As the most major example, a high class luxury residence in Jingumae (Aoyama area) has sold over 80% of total units already, after long term being on market and failed to sell as a whole building at an offer of JPY 20 billion which was known as the “Cascade Project”.
The owner recently changed selling strategy to sell parts of the building as condominiums.
After an adjustment of rent levels, now occupancy of high class residential are indeed recovering.
All on-market prime residential for institutional investment are sold and gone, now “digging through off-market deals” is the only a way to access prime residential property.

Bliss Beige Jingumae (Cascade project)

Occupancy Rate (properties owned by J-REITs only)
*94% : Recent average residential occupancy in central Tokyo(April.2010)

Market Cap rate (Central Tokyo Only)
*Residential buildings in Tokyo 5 wards + Meguro & Bunkyo wards , built in about 10yrs, lot size is more than 4 billion JPY, cap rate is about 4.75-5.75%
*Residential buildings in Tokyo 5 wards + Meguro & Bunkyo wards , built in about 15yrs, lot size is more than 4 billion JPY, cap rate is about 5.50-6.25%
*Residential buildings in Tokyo 5 wards + Meguro & Bunkyo wards ,built in about 10yrs, lot size is less than 1 billion JPY, cap rate is about 6.00 - 7.00%

Selected Property (Residential)
1. Central Tokyo Residential (Shinjuku-ku)
Completed : 2008
NO. of unit : 200+
Occupancy : 90%+
Asking price: JPY 7,000,000,000-
Net Operating Income / Cap Rate : 6.5%+

2. Central Tokyo Residential (Minato-ku)
Completed : 2005
NO. of unit : 40 units
Occupancy : 95%
Building area: Approx. 1,900m2
Asking price: JPY 991,000,000-
Net Operating Income / Cap Rate : 6.30%

Hotel Market
Market Status
Hotel occupancies show trend of continuous recovery since the beginning of 2010.
There are some off market prime hotels which owners wish to market however lending for hotel investment is strict relative to residential and office lending and may seem difficult to attain. And some supplies from lenders.
For these reasons, offering price of some hotels have decreased.
In addition, some investors are overseeing the fact that certain lenders are preparing to provide financing for hotel deals.
Wise and well connected hotel investors know possible methods nowadays and are looking to making transactions at great price and timing.
now we see asian investors are accelerating acquisition in Japan.
Recently, limited service hotel in Tokyo CBD , up-scale full service hotel in Kobe , luxury resort hotel in Hakone were purchased by asian investors, as like Hilton Niseko Hotel purchased by YTL hotels from Malaysia.
more and more players are starting to approach Japanese hotel market also

Hilton Niseko Village

Market Statistics (May.2010)
*Tokyo Hotel : Occ.rate - 76.4% (Hotel&Restaurant magazine)
*Japan Hotel : ADR - USD 158.15 / RevPAR - USD 114.94 / Occ.rate - 72.7% (HNN)
*Please contact us or visit our website for more details.

Selected Deals
1. Limited service hotel in central Osaka
Asking price : JPY 1,800,000,000-
No. of keys : 200+
Completed : 2000

2. Full service hotel in Okinawa (Naha/downtown)
Asking price : JPY 8,500,000,000-
No. of keys : 300+
Completed : 2006

(We are dealing development sites for luxury resort development such as destination clubs and membership resorts. Please contact us about resort development in Japan.)

Financing / Debt Market
Lenders are primarily focusing on lending towards A-class properties
and properties with a maximum LTV of 50-60% on senior loans.
The interest rate is about LIBOR + 150-250 basis points for A and B class office buildings in Tokyo.

Asterisk Realty Inc,
Kioicho 3-29 , Glückheim Suite 2003
Chiyoda-ku, Tokyo ,
tel +81-3-3263-9909
fax +81-3-3263-9908
www.asteriskrealty.com

Asterisk Realty is a first class private Japanese real estate brokerage that markets high net worth Japanese properties to international investors seeking advisory on property development, ownership, investment and occupation. Superb off-market properties are rarely seen in the open market even during times of financial hardship. However there is a door way into the discrete market where conservative Japanese property owners welcome trusted and accredited “outside buyers”. Asterisk Realty is an exclusive gateway to build trust with foreign investment interest and introduce the best of the best off-market properties.

Transaction Record in Tokyo until July 2010

admin — Mon, 26 Jul 2010 01:00:37 +0000

*Storia Shinagawa : Sold at JPY 7 billion (estimated)

Transaction Record in Tokyo until July 2010

Date of announcement	Buyer /Seller	Property Type/Name	Location	Price(JPY)	Building Area (m2)	Land Area(m2)	Cap Rate	Remarks
Jul, 2010	Kiyamakougyou / Orix Real Estate	Retail, office/ Rouncross Akasakamituke	Akasaka, Minato	1,785,000,000-	1,526.01	213.81	-	Built: 1988
Jul, 2010	Nomura real estate residential / Venezia GK.	Residential / Ajiru court itabashi kuyakusyomae	Itabashi, Itabashi	940,000,000-	2,179.85	475.41	-	Built: 2006
Jun, 2010	Shimacyu / Gold crest	Retail / Shimacyu Shinkawasaki	Kawasaki, Yokohama	7,800,000,000-	17,533.69	14917.82	-	Built: 2008
Jun, 2010	Hikari powers / davinchi advisors	Retail / Tomorrow Building	Akihabara, Chiyoda	4,953,000,000-	5,544.75	654.46	-	Built: 1999
Jun, 2010	be-life / Yamato house Kogyo	Residential / Ipuse Nakanobe	Nakanobe, Shinagawa	1,790,000,000-	3,004.52	741.81	-	Built: 2008
Jun, 2010	Atrium / City Index Holdings	Office / AzabuJyuban A Building	Azabujyuban Minato-ku	997,698,000-	1,379.52	282.54	-	Built: 1991
Jun, 2010	Toukyu livable / Orix real estate	Residential / Grand meson Hakusan	Hakusan, Bunkyo	425,000,000-	2,506.00	690	-	Built: 1993
Jun, 2010	Sato / Pioneer Kogyo	Office / Pax Building	Meguro , Meguro	Unknown	8,601.61	2700	-	Built: 1995,
Jun, 2010	Horizon Capital Partners / Suruga Corporation	Office / Lions station plaza Ikejiriouhashi	Ikejiriouhashi , Meguro	Unknown	3,148.48	685.97	-	for development, adjacent to metro station
Jun, 2010	Japan Well-management / Unknown	Office / Daikanyama Toyotoshi Building	Daikanyama Shibuya-ku	Unknown	469.94	211.57	-	Built: 1998
May, 2010	Ekuse / Sumire home	Retail, office complex / Estame Nakajima building	Minamiaoyama, Minato	2,313,330,000-	2,490.64	577.47	-	Built: 1987
May, 2010	Kase holdings / mikage Urban Development	Residential / Astina tower Higashishinnjyuku	Shinjyuku, Shinjyuku	2,155,580,000-	9,526.14	1206.95	-	Built: 2006
May, 2010	Touyou building Mentenance / Tokyo Grain Exchange	Office / Nisyoukyou building	Nihonbashi, Chuo	700,000,000-	1,435.52	285.22	-	Built: 1997 Estimated Price
May, 2010	ASAGK37 GK. / Morimoto	Office / Morimoto Main Building	Ebisu, Shibuya	Unknown	2,980.25	597.6	-	Built: 2002
Apr, 2010	Nozomi holdings GK. (Hong Kong fund) /	Residential / Storia Shinagawa	Shinagawa. Minato	7,000,000,000-	21,949.89	2232.28	-	Built: 2003, Estimated Price
Apr, 2010	Soutetu real estate / Tosei	Residential / The parm shinkoiwa	Shinkoiwa, Katsushika	1,150,000,000-	3,107.61	645.19	-	Built: 2008 Estimated Price
Apr, 2010	bearbuilding / Zapuros	Retail / REMAX Ebisu	Ebisu, Shibuya	1,100,000,000-	873.67	222.27	-	Built: 1994 Estimated Price
Mar, 2010	Shine / UIW	Residential / UIW11 Jiyugaoka	Jiyugaoka, Meguro	970,000,000-	1,821.86	458.01	-	Built: 1974, Estimated Price
Mar, 2010	Tosei / Legend Urban	Residential / refies kibakouen	Kiba, Koto	376,600,000-	1,357.11	359.12	-	Built: 2007
Mar, 2010	CLSA capital partners / Unknown	Office / Yanagibashi first building	Yanagibashi, Taitou	Unknown	15,691.10	2793.96	-	Built: 1987
Mar, 2010	NSM Omotesando GK. / TTS OmotesandoJisyo TK.	Retail / Espoir Omotesando	Omotesando, Shibuya	Unknown	6,563.16	N.A.	-	Built :2005
Jan, 2010	Risa Partners / Osaka Gas	Office / Access main building	Chuo, Osaka	7,000,000,000-	1,273.95	1365.01	-	Built: 2003

(Source : Public Release , )

Please click the links below to view Past updates of “Transaction Record in Japan”

Transaction Record in Tokyo until April 2010

Transaction Record in Tokyo until February 2010

Transaction Record in Japan until 2009 (Small size/Under 1,000,000,000-JPY)

Transaction Record in Japan until December 2009

Transaction Record in Japan until October 2009

Transaction Record in Japan until September 2009

Transaction Record in Japan until August 2009

Transaction Record in Japan until July 2009

Transaction Record in Japan until April 2009

Transaction Record in Japan until March 2009

Please contact us for superb investment opportunities in Japan.

Contact : info@asteriskrealty.jp

Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - May.2010

admin — Wed, 21 Jul 2010 05:41:25 +0000

Please click the link below to view Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - May. 2010

*ADR / RevPAR = calculated from local currencies to USD at rates as of July 21 .2010

Country/City	Occupancy	ADR	RevPAR
Japan	72.7%	$158.15	$114.94
Australia	69.8%	$141.26	$98.54
China	61.3%	$114.17	$70.03
India	57.2%	$124.65	$71.31
Singapore	84.7%	$194.24	$164.47

Source : HNN

Currency Rates (as of July 21 .2010) :

1 JPY = 0.0115USD , 1 AUD = 0.8814 USD , 1CNY = 0.1475 USD, 1EUR = 1.288 USD , 1 GBP = 1.5273 USD , 1 SGD = 0.7287 USD , 1 HKD = 0.1286 USD, 1 INR= 0.0212 USD

Please make an inquiry either by phone or email for further details , disclosure and more investment opportunities to Japanese Hotels and Resorts.

contact : info@asteriskrealty.jp

Past “Hotels on Market Update”

“Hotels on Market Update - July .2009 - Hotels & Ryokan (Small to Mid-Size)”

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

Past “Hotel Transaction Record in Japan”
“Hotel Transaction Record in Japan from 2002 (July) – 2010 (April)”

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – April 2010″

“Hotel occupancy rates in major Japanese cities and hotels – April 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – March 2010″

“Hotel occupancy rates in major Japanese cities and hotels – March 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - Feburary 2010″

“Hotel occupancy rates in major Japanese cities and hotels - Feburary 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - January 2010″

“Hotel occupancy rates in major Japanese cities and hotels - January 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - December 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - November 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - November 2009″

“Hotel occupancy rates in major Japanese cities and hotels - October 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - October 2009″

“Hotel occupancy rates in major Japanese cities and hotels - September 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - September 2009″

“Hotel occupancy rates in major Japanese cities and hotels - August 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - August 2009″

“Hotel occupancy rates in major Japanese cities and hotels - July 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - July 2009″

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

“Hotel occupancy rates in major Japanese cities and hotels - June 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - June 2009″

“Hotel occupancy rates in major Japanese cities and hotels - May 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - May 2009″

“Hotel occupancy rates in major Japanese cities - April 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - April 2009″

“Hotel occupancy rates in major Japanese cities - March 2009″

“Hotel occupancy rates in major Japanese cities - Feb 2009″

Japan Hotel Occ. Rate - May. 2010

admin — Wed, 21 Jul 2010 05:40:56 +0000

Please click the link below to view Hotel occupancy rates in major Japanese cities and hotels - May. 2010

Japanese Major Cities

Japan Average Hotel Occupancy Rate as of May.2010 (unit basis)
City	No. of hotels monitored	May.2010	May.2009
Sapporo	15	73.9%	69.6%
Sendai	8	69.0%	71.7%
Tokyo	37	76.4%	70.1%
Urayasu	3	83.5%	77.1%
Yokohama	5	70.1%	67.6%
Nagoya	10	74.2%	68.7%
Osaka	28	75.7%	62.0%
Kyoto	13	90.7%	73.7%
Kobe	6	72.5%	51.9%
Hirosima	11	70.9%	70.7%
Fukuoka	10	68.3%	68.5%
Okinawa	16	65.5%	65.5%

Name	Type	May.2010	May.2009
Hotel New Otani	Luxury / FS / Downtown	54.0%	44.7%
Royal Park Hotel	Up-scale / FS / Downtown	82.0%	63.4%
Akasaka Excell Hotel	Mid-price / FS / Downtown	74.6%	62.1%
Daiichi Hotel Annex	Mid-price / FS / Downtown	85.3%	82.2%
Haneda Excell Hotel (Airport)	Mid-price / LS / Airport	87.3%	77.6%
Courtyard Mariott Ginza	Up-scale / FS / Downtown	94.4%	87.2%
Imperial Hotel Tokyo	Luxury / FS / Downtown	81.7%	63.9%
Sunroute plaza Tokyo	Mid-price / LS / Downtown	82.1%	78.6%
Tokyo Bay Hotel Tokyu (in Tokyo Disney resort)	Up-scale / FS / Resort-Theme Park	81.7%	73.5%
Yokohama Royal park Hotel	Mid-price / LS / Downtown	67.3%	68.0%
Radisson Hotel Narita (Airport)	Up-scale / LS / Airport	95.8%	83.7%
Kyoto Hotel Okura	Up-scale / FS / Downtown	92.4%	83.6%
Hotel Nikko Osaka	Up-scale / FS / Downtown	77.5%	62.4%

*FS = Full service hotel , *LS = Limited service hotel

Source: “Hotel & Restaurant”

Please make an inquiry either by phone or email for further details , disclosure and more investment opportunities to Japanese Hotels and Resorts.

contact : info@asteriskrealty.jp

Past “Hotels on Market Update”

“Hotels on Market Update - July .2009 - Hotels & Ryokan (Small to Mid-Size)”

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

Past “Hotel Transaction Record in Japan”
“Hotel Transaction Record in Japan from 2002 (July) – 2010 (April)”

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – April 2010″

“Hotel occupancy rates in major Japanese cities and hotels – April 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – March 2010″

“Hotel occupancy rates in major Japanese cities and hotels – March 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - Feburary 2010″

“Hotel occupancy rates in major Japanese cities and hotels - Feburary 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - January 2010″

“Hotel occupancy rates in major Japanese cities and hotels - January 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - December 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - November 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - November 2009″

“Hotel occupancy rates in major Japanese cities and hotels - October 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - October 2009″

“Hotel occupancy rates in major Japanese cities and hotels - September 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - September 2009″

“Hotel occupancy rates in major Japanese cities and hotels - August 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - August 2009″

“Hotel occupancy rates in major Japanese cities and hotels - July 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - July 2009″

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

“Hotel occupancy rates in major Japanese cities and hotels - June 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - June 2009″

“Hotel occupancy rates in major Japanese cities and hotels - May 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - May 2009″

“Hotel occupancy rates in major Japanese cities - April 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - April 2009″

“Hotel occupancy rates in major Japanese cities - March 2009″

“Hotel occupancy rates in major Japanese cities - Feb 2009″

Transaction Record in Tokyo until April 2010

Transaction Record in Tokyo until June 2010

admin — Wed, 30 Jun 2010 12:28:18 +0000

*Ginza Glasse : Sold at JPY13,600,000,000-

Transaction Record in Tokyo until June 2010
( Listed Companies` transactions only )

Date of annoncement	Buyer /Seller	PropertyType/ Name	Location	Price(JPY)	Building Area (m2)	Land Area (m2)	Cap Rate	Remarks
Jun,2010	Nippon Accommodations Fund(J-Reit)　　　　　　　/ Orix Real Estate Corp.	Residential / Bellface Hatchobori	Hatchobori. Chou-ku.	4,200,000,000-	6,944.52	651.4	5.95%	Built:2009 118 residentials +2 Shops
Jun,2010	Acacio Limited(SPC)　　　　　　/ New City Realestate Trading Ⅵ LLC.	Residential / New City Apartments Nihonbashi-Suitengu	Nihonbashi. Chuo-ku.	2,178,000,000-	4,780.44	-	6.80%	Built:2005 77 units
Jun,2010	B life Investment Corp(J-Riet)　　　　　　　/ Daiwa House Corp.	Residential / Ipse Ichigaya	Ichigaya. Shinjyuku-ku.	940,000,000-	1,769.94	688.22	6.85%	Built:2008 50 units
May,2010	Seiwa Create Corp. / AdvanceResidence Corp(J-Reit)	Residential / Pasific review Shirokanedai	Shirokanedai. Shinagawa-ku.	875,000,000-	1,691.63	661.15	7.62% (GOI Cap Rate)	Built:2004 32units book value: JPY877,000,000-
May,2010	Domestic　Company. / Advance Residence Corp(J-Reit)	Residential / Pasific review Nagatacho	Nagatacho. Chiyoda-ku.	700,000,000-	1,272.70	367.7	7.05% (GOI Cap Rate)	Built:2005 44units book value: JPY702,803,600-
May,2010	Premier Investment Corporation(J-Reit) /　Valdes GK	Office / Iwamotocho Bldg	Kanda. Chiyoda-ku.	6,700,000,000-	9,756.89	1,291.39	5.40%	Built:1973
Jun,2010	DA Office Investment Corp(J-Reit) / Shining Nova TMK	Office / Kyodo Bldg (Kudan 1)	Kudan. Chiyoda-ku.	4,000,000,000-	3,679.70	540.67	5.32%	Built:1987 Occupancy:89.8% 9 Floors
May,2010	Domestic Company　　　　　　　　/ Japan Office Investment(J-Riet)	Office / COI Nihonbashi-Honcho Bldg	Nihonbashi. Chuo-ku.	1,960,000,000-	4,740.51	793.39	-	Built:1981 Occupancy:100% 8 Floors
Jun,2010	Frontier Real Estate Investment Corp(J-Reit) / G Three Development LLC.	Retail / Ginza Glasse	Ginza. Chuo-ku.	13,600,000,000-	7,201.80	634.82	3.99%	Built:2008 Master Lease Contract: 2008-2030

(Source : Public Release , )

Please click the links below to view Past updates of “Transaction Record in Japan”

Transaction Record in Tokyo until February 2010

Transaction Record in Japan until 2009 (Small size/Under 1,000,000,000-JPY)

Transaction Record in Japan until December 2009

Transaction Record in Japan until October 2009

Transaction Record in Japan until September 2009

Transaction Record in Japan until August 2009

Transaction Record in Japan until July 2009

Transaction Record in Japan until April 2009

Transaction Record in Japan until March 2009

Please contact us for superb investment opportunities in Japan.

Contact : info@asteriskrealty.jp

Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - April.2010

admin — Thu, 17 Jun 2010 10:13:47 +0000

Please click the link below to view Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - April. 2010

*ADR / RevPAR = calculated from local currencies to USD at rates as of June 17 .2010

Country/City	Occupancy	ADR	RevPAR
Asia Pacific	65.3%	$130.06	$84.96
Japan	78.1%	$141.64	$103.55
Tokyo	75.9%	$233.40	$182.39
Australia	72.1%	$138.05	$99.53
Sydney	82.0%	$156.38	$128.24
China	62.0%	$116.29	$72.13
Beijing	67.2%	$95.68	$64.29
India	60.1%	$133.86	$80.38
Hong Kong	80.2%	$214.13	$171.81
Singapore	83.3%	$190.34	$158.49

Source : HNN

Currency Rates (as of June 17 .2010) :

1 JPY = 0.010945 USD , 1 AUD = 0.8625 USD , 1CNY = 0.1464 USD, 1EUR = 1.2337 USD , 1 GBP = 1.4751 USD , 1 SGD = 0.7171 USD , 1 HKD = 0.1284 USD, 1 INR= 0.02152 USD

Please make an inquiry either by phone or email for further details , disclosure and more investment opportunities to Japanese Hotels and Resorts.

contact : info@asteriskrealty.jp

Past “Hotels on Market Update”

“Hotels on Market Update - July .2009 - Hotels & Ryokan (Small to Mid-Size)”

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

Past “Hotel Transaction Record in Japan”
“Hotel Transaction Record in Japan from 2002 (July) – 2010 (April)”

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – March 2010″

“Hotel occupancy rates in major Japanese cities and hotels – March 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - Feburary 2010″

“Hotel occupancy rates in major Japanese cities and hotels - Feburary 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - January 2010″

“Hotel occupancy rates in major Japanese cities and hotels - January 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - December 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - November 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - November 2009″

“Hotel occupancy rates in major Japanese cities and hotels - October 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - October 2009″

“Hotel occupancy rates in major Japanese cities and hotels - September 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - September 2009″

“Hotel occupancy rates in major Japanese cities and hotels - August 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - August 2009″

“Hotel occupancy rates in major Japanese cities and hotels - July 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - July 2009″

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

“Hotel occupancy rates in major Japanese cities and hotels - June 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - June 2009″

“Hotel occupancy rates in major Japanese cities and hotels - May 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - May 2009″

“Hotel occupancy rates in major Japanese cities - April 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - April 2009″

“Hotel occupancy rates in major Japanese cities - March 2009″

“Hotel occupancy rates in major Japanese cities - Feb 2009″

Japan Hotel Occ. Rate - April. 2010

admin — Thu, 17 Jun 2010 10:13:12 +0000

Please click the link below to view Hotel occupancy rates in major Japanese cities and hotels - April. 2010

Japanese Major Cities

Japan Average Hotel Occupancy Rate as of April.2010 (unit basis)
City	No. of hotels monitored	April.2010	April.2009
Sapporo	15	56.4%	52.7%
Sendai	8	63.3%	60.5%
Tokyo	37	80.9%	72.5%
Urayasu	3	78.3%	75.4%
Yokohama	5	69.9%	65.4%
Nagoya	10	76.9%	69.9%
Osaka	28	80.1%	76.2%
Kyoto	13	92.1%	89.7%
Kobe	5	69.4%	65.3%
Hirosima	11	71.0%	70.0%
Fukuoka	10	62.1%	60.6%
Okinawa	16	67.8%	70.7%

Japanese Major Hotels

Name	Type	April.2010	April.2009
Hotel New Otani	Luxury / FS / Downtown	58.9%	45.8%
Royal Park Hotel	Up-scale / FS / Downtown	84.4%	70.0%
Akasaka Excell Hotel	Mid-price / FS / Downtown	82.0%	60.3%
Daiichi Hotel Annex	Mid-price / FS / Downtown	89.6%	85.0%
Haneda Excell Hotel (Airport)	Mid-price / LS / Airport	87.5%	66.4%
Courtyard Mariott Ginza	Up-scale / FS / Downtown	96.5%	94.3%
Imperial Hotel Tokyo	Luxury / FS / Downtown	83.7%	79.4%
Sunroute plaza Tokyo	Mid-price / LS / Downtown	75.8%	80.4%
Tokyo Bay Hotel Tokyu (in Tokyo Disney resort)	Up-scale / FS / Resort-Theme Park	78.9%	67.4%
Yokohama Royal park Hotel	Mid-price / LS / Downtown	70.2%	65.8%
Radisson Hotel Narita (Airport)	Up-scale / LS / Airport	93.6%	85.9%
Kyoto Hotel Okura	Up-scale / FS / Downtown	92.8%	96.6%
Hotel Nikko Osaka	Up-scale / FS / Downtown	85.5%	75.9%

*FS = Full service hotel , *LS = Limited service hotel

Source: “Hotel & Restaurant”

Please make an inquiry either by phone or email for further details , disclosure and more investment opportunities to Japanese Hotels and Resorts.

contact : info@asteriskrealty.jp

Past “Hotels on Market Update”

“Hotels on Market Update - July .2009 - Hotels & Ryokan (Small to Mid-Size)”

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

Past “Hotel Transaction Record in Japan”
“Hotel Transaction Record in Japan from 2002 (July) – 2010 (April)”

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate – March 2010″

“Hotel occupancy rates in major Japanese cities and hotels – March 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - Feburary 2010″

“Hotel occupancy rates in major Japanese cities and hotels - Feburary 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - January 2010″

“Hotel occupancy rates in major Japanese cities and hotels - January 2010″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - December 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - December 2009″

“Hotel occupancy rates in major Japanese cities and hotels - November 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - November 2009″

“Hotel occupancy rates in major Japanese cities and hotels - October 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - October 2009″

“Hotel occupancy rates in major Japanese cities and hotels - September 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - September 2009″

“Hotel occupancy rates in major Japanese cities and hotels - August 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - August 2009″

“Hotel occupancy rates in major Japanese cities and hotels - July 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - July 2009″

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

“Hotel occupancy rates in major Japanese cities and hotels - June 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - June 2009″

“Hotel occupancy rates in major Japanese cities and hotels - May 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - May 2009″

“Hotel occupancy rates in major Japanese cities - April 2009″

“Asia/Pacific region Hotel ADR / RevPAR /Occ.rate - April 2009″

“Hotel occupancy rates in major Japanese cities - March 2009″

“Hotel occupancy rates in major Japanese cities - Feb 2009″

“Hotel Transaction Record in Japan from 2002 – 2010 (April)”

Hotel market survey on total guests and units

admin — Wed, 09 Jun 2010 04:08:22 +0000

In this page, we review some statistics done by the Japanese Tourism Agency.

The Ministry of Tourism was created in 2008, so there is limited data, but there are still interesting results in the recent years.

We also review statistics about total units of Hotels, published by the Ministry of Health, Labour and Welfare.

Please click the link below to view Survey on Total guests of Hotels, and Total Unit of Hotels.

Notice the annual trend cycle of hotel guests in Japan. The annual peak seasons occur from the end of quarter 2 to the end quarter 3, a 13- 16% percent increase from the annual off peak seasons beginning from quarter 4 to mid quarter 2.

Period		Guest
2007	1Q	72,480,350
	2Q	73,031,310
	3Q	84,948,800
	4Q	78,921,320
2008	1Q	73,271,430
	2Q	73,173,770
	3Q	85,160,360
	4Q	78,093,170
2009	1Q	69,136,090
	2Q	67,424,670
	3Q	83,404,300
	4Q	72,989,300

Depending on location, the popularity of types of hotels vary greatly. In Hokkaido, the traditional Japanese ryokan is the most popular compared to other Japan destinations.

Hilton Niseko village in Hokkaido

Visitors most often travel to Hokkaido for nature, skiing and wide open space. It is best known for destination ski resorts in Asia due to its altitude and its consistent fine quality of snow.

Tokyo Disneyland Hotel

In the urban capital of Tokyo, full service hotels and limited service hotels far outnumber other Japanese cities. Guests in Tokyo, are most likely to stay in full service hotels like Inter Continental, Hyatt or Hilton located in central Tokyo 5 wards. Limited budget/business travelers are more likely to choose limited service hotels such as Weekly Mansion and Sunroute Hotel. The price difference between full service and limited service hotels commonly range from 15,000 to 30,000+ JPY per night. Tokyo resorts are heavily concentrated in the Tokyo Disneyland area and are superbly attractive due to its year round astoundingly high occupancy. It is noteworthy to mention that due to rising income in China, demand for Disney hotels is increasing from single child Chinese families.

Osaka

Osaka is most attractive in the business hotel segment due to its business and trade orientation. Osaka is often known as the center of trade in Japan for its sea, air and rail ports that are central to the majority of Japanese population.

Kyoto Ryokan

Located just 1 hour away from Osaka by car or rail, Kyoto is a destination capital for traditional Japanese beauty and culture. Due to historic image preservation laws, taller buildings are strictly resisted against in Kyoto, much like Paris. Ryokans are especially popular to travellers who want to experience authentic, traditional Japanese culture.

Okinawa

Okinawa is best known for turquoise water and white sand beaches comparable to Hawaii, Cancun and Mediterranean countries. For this reason, beach resorts are in the highest popularity in all of Japan.

2009, Jan-Dec	Hotel Type
2009, Jan-Dec	Ryokan	Resort Hotel	Limited Service Hotel	Full Service Hotel
Hokkaidou	6,932,680	4,193,800	6,538,930	5,917,950
Tokyo	510,290	568,910	16,975,500	14,757,810
Osaka	195,980	762,640	7,788,760	5,819,690
Kyoto	2,367,870	575,420	2,138,890	3,274,760
Okinawa	91,460	6,817,500	1,781,320	2,536,020
Japan	77,077,730	53,876,670	100,986,540	57,219,840

(SOURCE) Japan Tourism Agency

Traditional Japanese ryokan

As total units of hotels are increasing, Ryokans are suffering economically and dwindling in number.

The switchover from Japanese type Ryokan to western type Hotels is progressing in the chart below.

Notice that since the 1990’s, even though the total number of ryokan and hotel has been relatively stagnant, the number of ryokan has been progresively decreasing since the 1970’s. This could be due to increasing number of foreign guests that demand hotels in popular destinations. Another reason could be that hotels are better advertised, and have power in brand and financing. Ryokan has become a less popular investment for business owners because of more profitable and stable alternatives, however in certain locations ryokan are especially profitable such as hot spring destination, Hakone.

(SOURCE: Ministry of Health, Labour and Welfare )

- Please click the links below to view past “Hotel Transaction Record in Japan”

“Hotel Transaction Record in Japan from 2002 - 2009 (July)”

- Please click the links below to view past “Hotels on Market Update”

“Hotels on Market Update - Feburary .2009″

“Hotels on Market Update - October .2009″

“Hotels on Market Update - July .2009 - Hotels & Ryokan (Small to Mid-Size)″