Owning thousands of vacant properties is not easy, even for a big company. Nippon Telegraph and Telephone revealed they have 1,500 office buildings across Japan, but they could not make profit out of those buildings.
Sony Corp., having fallen way behind its South Korean and Chinese rivals in the smartphone sales race, aims to capitalize on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters.
Real Estate Indonesia (REI) has called on the government to immediately fulfill its promise to provide the property industry with tax incentives to help it recover from its stagnation.
State-owned mortgage financing company PT Sarana Multigriya Finansial (SMF) has allocated Rp 1.7 trillion (US$119.28 million) for government-subsidized housing loans.