IRHM, Your Global Window into Real Estate and Hospitality

October 21, 2025

Japan

Kyoto will introduce Japan’s highest hotel tax in March 2026, with luxury guests facing up to ¥10,000 (£49) per night to tackle overtourism pressures.
Samty Holdings has sold two portfolios of newly built multi-family properties worth ¥49 billion to sovereign wealth funds, with the developer retaining asset management responsibilities following its privatisation by Hillhouse.
The project will rise on the former site of the Shin-Yurakucho Building, reimagining the location as a dynamic hub where art, fashion, food, and hospitality converge.

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