Junko's Feed
Feb 17, 2015

World Chefs: Tokyo sojourn ends for Rene Redzepi and Danish Noma

TOKYO, Feb 17 (Reuters) – The world’s best restaurant moved
to the world’s gourmet capital for five weeks and 2,800 diners
in Tokyo made good use of it.

Rene Redzepi, chef and co-owner of the Danish eatery Noma,
temporarily moved the Michelin-starred restaurant and its staff
to the 37th floor of a five-star hotel in Japan’s capital.

Feb 12, 2015

China’s CIC bought Tokyo landmark property-advisers

TOKYO, Feb 12 (Reuters) – China’s sovereign wealth fund
China Investment Corp (CIC) provided most of the
capital for a more than $1 billion purchase of Tokyo’s landmark
property Meguro Gajoen from Mori Trust Co, in China’s largest
investment in Japanese property, advisers said.

Earlier this week, LaSalle Investment Management, a property
investment manager, said a fund it arranged bought Meguro Gajoen
with money from a sovereign wealth fund, which it declined to
name.

Feb 10, 2015

Japan extends deadline for Kansai airport licence to May

TOKYO, Feb 10 (Reuters) – Japan has extended by three months
the first-round bidding deadline for a multi-billion dollar
concession to run the Kansai international airport, responding
to concerns over the deal from potential bidders.

New Kansai International Airport Co, a state-owned company
that now runs the airport, said on Tuesday the deadline had been
extended to May 22 from Feb. 16, to assuage concerns over
profitability and risk held by companies that are considering
bidding for the licence.

Feb 4, 2015

Japan’s Mitsubishi says cautious about Kansai airport concession

TOKYO, Feb 4 (Reuters) – Mitsubishi Corp said on
Wednesday it had become cautious about bidding for a licence to
operate a major international airport in Japan due to the
“challenging” list of conditions set by the government.

The trading firm was one of nine Japanese companies the
government had shortlisted in December to bid for the concession
to run Kansai International Airport. The government expects to
raise at least $17 billion from selling the licence and the
first round of bidding will close on Feb. 16.

Jan 5, 2015

Abenomics boost for Japan property shrinks back to Tokyo

OSAKA, Japan (Reuters) – An economic rebound and loose money policy under Prime Minister Shinzo Abe briefly halted a long slide in Japan’s commercial property market, but the benefits of “Abenomics” appear increasingly limited to Tokyo, leaving a moribund hinterland.

For a while, as the Bank of Japan printed money and Abe spent it, commercial property investment, a barometer of economic activity, spilled beyond the capital into the country’s larger regional cities.

Dec 26, 2014

Japan shortlists Macquarie, Changi for Kansai airport concession

TOKYO, Dec 26 (Reuters) – New Kansai International Airport
Co said on Friday it shortlisted 20 bidders for a
multi-billion-dollar concession to run Japan’s fifth-busiest
passenger airport for 44 years.

They include Australia’s Macquarie Group’s
Macquarie Capital Group, Singapore’s Changi Airports
International, and Global Infrastructure Management, which
operates London’s Gatwick Airport, it said.

Dec 8, 2014

Japan state fund to invest in ramen restaurant chain expanding overseas

TOKYO, Dec 8 (Reuters) – “Cool Japan Fund”, financed mostly
by Japan’s government to promote Japanese culture overseas, will
invest as much as 2 billion yen ($16.51 million) in a ramen
noodle restaurant chain to set up premium outlets in Europe and
the United States.

Cool Japan Fund will inject 700 million yen into the
Fukuoka-based Chikaranomoto Holdings, which runs Ippudo ramen
restaurants in Japan and overseas including New York, London,
Sydney, Singapore and Seoul.

Dec 4, 2014

Mitsubishi Estate, ANA team among bidders for Sendai Airport rights

TOKYO (Reuters) – Mitsubishi Estate (8802.T: Quote, Profile, Research, Stock Buzz), Japan’s leading developer, and ANA Holdings (9202.T: Quote, Profile, Research, Stock Buzz), Japan’s largest carrier, have teamed up to bid for rights to operate facilities at Sendai Airport in northern Japan, sources with direct knowledge of the matter said.

Japan earlier this year opened bidding for the right to manage the airport’s runways and hangar facilities, as the nation tries to increase private investment in public infrastructure to cut its debt.

Nov 20, 2014

Blackstone to buy GE’s property assets in Japan for $1.6 billion

Tokyo (Reuters) – Blackstone Group LP, the world’s largest private equity investor in real estate, said it will buy residential assets in Japan from General Electric Co (GE)’s property unit in a deal worth more than 190 billion yen ($1.6 billion), Japan’s largest property deal this year.

Blackstone will buy more than 10,000 apartment units in 200 properties in Japan’s largest cities including Tokyo, Osaka and Nagoya, the buyout fund said in a statement.

Nov 19, 2014

Otani cutting his teeth in Japan but MLB beckons

SAPPORO Japan (Reuters) – Shohei Otani has made waves in Japan by throwing strikes and smashing home runs for the Nippon Ham Fighters, but the ‘Double Sworded Samurai’ may have to give up one of his weapons if he is to realize his dream of making it big in Major League Baseball.

In his second season with the Fighters, the lanky right hander won a team-best 11 games with two shutouts, throwing 160 kph (100mph) fastballs and recording a 2.61 earned run average.