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Asset size for the mainly residential oriented REIT will be approximately 20 billion yen.
The data remains unclear whether the drop in applications is due to supply shortage or softening buyer demand.
Handover for buyers and renters will be in May of 2022 but Mori Building declined on announcing a specific date.
The partnership highlights the growing trend of real estate companies offering leaseback programs for residential properties in Japan.
The average price per square metre in 2021 was the highest level since 1990.
According to recent data released by the Japan Tourism Agency.
After a successful trial period, the company will full scale launch their electronic contract system by May of 2022.
The dominant Japanese property portal site strengthens empty home databases to make consumer searching simpler.
Elaine Tung, Marketing Strategist at WealthPark, explains current property financing trends and what effect the pandemic has had so far.
According to survey results of real estate renovation companies by the Yano Research Institute.
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