Singapore’s sovereign wealth fund GIC Pte. has acquired 16 hotels in Japan operated by Marriott International Inc. for about ¥125 billion ($800 million), according to people familiar with the matter.

Used condominium prices in Tokyo dropped for the first time in more than two years in August as rising mortgage rates start to weigh on sentiment among home buyers, according to a research firm.

One of Hong Kong’s biggest landlords is in talks to enter Japan’s resurgent property market as part of parent Jardine Matheson Holdings Ltd.’s pivot toward becoming an investment firm, people familiar with the matter said.

Used condominium prices in central Tokyo fell for the third straight month in July, suggesting to some experts that the market is in a correction stage after a period of record gains.

Japan’s Orix Corp. has agreed to buy AerFin Ltd., a UK-based airplane parts company, in a deal worth about ¥100 billion ($640 million) including debt, people familiar with the matter said.

Daiwa Asset Management Co. is planning to double its sales staff targeting institutional investors to about 20 people, its president said.

Investment fund TPG Asia Real Estate plans to sell a Tokyo hotel property to Japan Hotel REIT Investment Co. as a tourism boom unfolds and boosts valuations, people familiar with the matter said.

Investment firms including Blackstone Inc. and Bain Capital have advanced to the second round of bidding for the real estate unit of Fuji Media Holdings Inc., people familiar with the matter said, in what’s likely to be Japan’s biggest-ever property deal.

Fuji Media Holdings Inc. has received stronger-than-expected interest in its real estate subsidiary, attracting bidders including KKR & Co., Blackstone Inc. and Goldman Sachs Group Inc., people familiar with the matter said.

SMBC Nikko Securities Inc. is considering starting a fund to provide so-called mezzanine financing, as a mergers and acquisitions boom in Japan fuels demand for loans that are riskier than senior debt.

Nomura Holdings Inc. raised its midterm profit targets following a year of record earnings, as Chief Executive Officer Kentaro Okuda pushes for stable growth at Japan’s biggest brokerage.

NTT Docomo Inc. sold two plots of land in central Tokyo for about ¥59 billion ($371 million), according to people familiar with the matter, the latest large deal in Japan’s booming real estate market.

Daiwa Securities Group Inc. will buy Orix Corp.’s banking unit for ¥370 billion ($2.3 billion), its largest acquisition in almost two decades, as Japan’s second-biggest brokerage deepens its foray into commercial lending.

Canada’s BGO sold a large office building in central Tokyo at a profit to a local condominium developer that aims to convert the property to luxury apartments, tapping demand from wealthy home buyers.

Nomura Holdings Inc. shares fell after its fourth-quarter profit missed analysts’ estimates, due to writedowns and a loss in Europe.

Nomura Holdings Inc. cemented a second straight year of record profit, fueled by Japan’s financial-market recovery, even after fourth-quarter results missed analysts’ expectations.

Used condominium prices in central Tokyo fell for second month in March, stoking concerns that Japan’s property boom may be losing momentum.

KKR & Co.’s Japan real estate management subsidiary plans a “big expansion” in purchases of properties that companies want to sell off, a market the firm estimates is as big as ¥450 trillion ($2.8 trillion), the unit’s   head said.

A long ascent in the price of used condominiums in central Tokyo appears to be stalling, as the government takes steps to tame surging housing costs, and inflation and rising interest rates sap investor demand for real estate.

Matsui Securities Co., one of Japan’s pioneers for online trading, has begun talks with several major domestic financial institutions over a possible capital alliance, people familiar with the matter said.