NTT Docomo sells two land plots in central Tokyo for about ¥59 billion (about $371 million), according to people familiar with the matter, in a deal that adds to a broader surge of large real-estate transactions in Japan. The Japan Times reports that both foreign and domestic investors are buying properties that have already increased in price but are still viewed as having potential for further gains. Bloomberg similarly frames the Docomo sale as the latest major transaction in Japan’s fast-moving property market, with the two plots changing hands for roughly ¥59 billion. The reports describe the sale as part of growing investor activity rather than a single isolated transaction. No additional details on the buyer(s), the specific locations of the plots, or Docomo’s stated reasons for selling are provided in the excerpts. Overall, the coverage links the Docomo transaction to a wider market trend in which investors seek opportunities in Tokyo real estate despite prior price rises.
NTT Docomo sells central Tokyo land plots for about ¥59 billion
NTT Docomo sells two land plots in central Tokyo for about ¥59 billion (about $371 million), according to people familiar with the matter, in a deal that adds to a broader surge of large real-estate t...
- NTT Docomo sells two land plots in central Tokyo for about ¥59 billion (about $371 million).
- The sale is described as one of the latest large deals in Japan’s real estate market.
- Foreign and domestic investors are actively buying Japanese properties in the current market boom.
- Reports say the properties have already risen in price but are still considered to have potential for further gains.
Foreign and domestic investors have been flocking to Japan's real estate market to buy properties that have risen in price but are still seen as having scope to gain.
3 months agoNTT Docomo Inc. sold two plots of land in central Tokyo for about ¥59 billion ($371 million), according to people familiar with the matter, the latest large deal in Japan’s booming real estate market.
3 months ago
Rumors suggest Apple may raise iPhone 17 prices ahead of iPhone 18 Pro launch
Apple is rumored to be preparing an iPhone 17 price increase, potentially taking effect as early as Monday, August 10, b...
Apple Watch SE 3 (44mm GPS) hits record $199.99 at Amazon
Apple Watch SE 3 (44mm GPS) is listed at a record-low $199.99 on Amazon, with outlets citing an $80 discount from a typi...
Visa expands cybersecurity support for clients amid growing AI-related threats
Visa is expanding support for its clients and the wider payments industry as organizations navigate an emerging AI-drive...