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REAL ESTATE

Mori Building Unveils Massive Urban Regeneration Project in Central TokyoAugust 22, 2019

Mori Building Co., Ltd., a leading urban landscape developer, has begun construction on its “Toranomon-Azabudai District Category 1 Urban Redevelopment Project,” a massive urban regeneration project aimed at revitalizing a large area of central Tokyo. A groundbreaking ceremony was held on August 5 and project completion is scheduled for the end of March 2023.

The core concept of the Toranomon-Azabudai Project is that of a “Modern"...

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Low purchasing power main cause for real estate sector’s ailment'August 7, 2019

AMMAN — Despite several recent measures taken by the government to rescue the ailing sector, the real estate’s trade volume continues to plummet, falling by 21 per cent during the first seven months of 2019, compared with the same period last year, according to figures issued by the Department of Statistics (DoS).

The trade volume stood at JD2.445 billion in the first seven months of this year, according to the DoS, while revenues decreased"...

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