Redevelopment and hotel demand lift commercial land prices outside Japan’s major metropolitan areas for first time in 26 years

Commercial land prices outside major metropolitan areas rose in 2017 for the first time in 26 years, registering a 0.5 percent year-on-year increase, thanks largely to redevelopment projects and hotel construction, government data showed Tuesday.As of Jan. 1 of this year, regional land prices, which also includes residential land values, rose a marginal 0.04 percent […]

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