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Tokyo, Saitama and Kanagawa prefectures rise while Chiba remains unchanged from previous month.
20 large firms surveyed increased brokerage revenue compared to the same time frame in the previous year.
Brandon Smith, Director of RE recruiting for East West Consulting shares perspective on property staffing in the new normal.
Mitsubishi Estate, TBS Holdings and Tokyo Metro’s development received the designation from the Prime Minister’s office on November 15th.
October’s average rent per square metre rose above 3,300 JPY for the first time since tracking began.
These include the Branz, Comforia and Campus Village series of developments.
Total revenue reached a new all time high for the firm.
Rising prices still point to supply shortage and not decreased buyer demand as the main reason for the decline.
Over a quarter of purchasers in the subdivision were from Tokyo.
Motivating factors for the purchase were cited as being long term resiliency and limited net new supply.
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