Archive | Business

Making ski boots fit like a glove

HIRAFU has an exciting new addition to its retail offering with the recent relocation of Boot Solutions – Niseko’s only specialist custom bootfitting store. Owned and operated by Podiatrist and Master Bootfitter Ned Buckley, the new Nozomi Views store opened in December 2014 and offers custom ski and snowboard boot fitting and winter footwear. But [...]

HOKKAIDO TRACKS DEVELOPMENT OFFERING FRACTIONAL OWNERSHIP CONCEPT

HOKKAIDO Tracks Development is going to offer fractional ownership with the release of “The Escarpment Estate Private Residents Club”.

President Simon Robinson says the idea is to provide luxury resort residences that can be used, loaned, rented, exchanged or sold. It is going to be the first fractional residential resort property in Niseko Hirafu, involving ten luxury high-end residences in a gated enclave community with resort club facilities.

The usage plan of this equity based shared ownership concept is a 1/16th share, with fractional shares starting from ¥9,000,000. Sales contract and shareholders agreement will include a 5-year, 7-year and 10 year sellout option with the sales revenue being divided amongst the investors.

Brokers break into market

HITTING the ground running is the recently established real estate brokerage, Meikle & Associates.

Founded by long-time local resident Craig Meikle and his Hong Kong-based business partner, the firm has had considerable success in its first few months of business in Niseko.

“We’ve sold a number of high-end properties recently,” Craig said.

“Our client base has been coming out of Niseko’s traditional market in Australia, but we are seeing an ever-increasing percentage of buyers coming from Hong Kong, Singapore, Malaysia and China, and we see that market expanding further.”

Craig sees Niseko’s rural surrounds as the ideal place to raise his young family, and as such is working to develop enduring relations.

“We are firmly focused on the long-term,” he said. “And for that reason our organisation is very serious about growing relationships.”

NRE teams up with top of Tokyo

JAPAN is often viewed as a stable market for property investment, and as the range and needs of Niseko patrons has grown, so has the number of enquiries for non-Niseko properties.

In response to this demand, Niseko Real Estate has joined forces with Tokyo real estate expert, Garyu Consulting Inc. – jointly producing the informative newsletter www.jre-news.com.

Garyu is sourcing and presenting Tokyo property information before it reaches the Japanese web or open market. Two properties have sold to date.

Garyu is Tokyo-based, combining over 30 years of experience in Japanese commercial and residential real estate, specialising in investment, property development, buying, selling and consulting.

NRE’s Brian Lysne said it opened up opportunities that weren’t before openly apparent to foreign investors.