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December 08, 2006

Coldwell Banker expands to Japan - 24 offices opened | INRnews

PARSIPPANY, N.J., December 8, 2006 – Global real estate services firm Coldwell Banker Real Estate Corporation has announced the signing of a master franchise agreement with Coldwell Banker Affiliates of Japan,which coincided with the opening of 12 Coldwell Banker® offices in Tokyo and 12 more in Fukuoka. With these openings, Japan becomes the 31st country or territory outside of the United States to have a Coldwell Banker presence, including Singapore, Indonesia, Australia, China and India in the Asia-Pacific region.

November 21, 2006

Tokyo office rents predicted to rise further | INRnews

Tokyo, November 21, 2006 - DTZ has significantly revised upwards its Tokyo office rental forecasts for 2007 and 2008 on the belief that the office market is at the early stage of a major rental up-cycle that could last for three to four years. A clear demand-supply imbalance in Shibuya, with vacancy rates at an all time low of 1.8%, coupled with extremely limited supply in the next five years, points, we believe, to very strong growth in this district in particular.


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