Nomura Real Estate Development Co., Ltd.has embarked on sales of units in PROUD Tower Shinonome Canal Court , a high-rise tower condominium located in a corner of its Shinonome Canal Court currently under development in Shinonome, Koto-ku, Tokyo. When the first sales period was closed on December 10, 2011, all 250 units had been immediately sold on the 1st day with purchase applications totaling 280, with purchase application ratios peaking at 3x, and with an average of 1.1x.

Warren Buffett visited Japan this month. The world’s foremost investor took a tour of the Tohuko region, an area hit hard by the earthquake and tsunami that leveled the country last March. Along with his investment firm Berkshire Hathaway (NYSE: BRK.A), Buffett is searching for companies that have become undervalued in the wake of a rough year for the world’s No. 3 economy.

China’s home prices fell in 33 of 70 cities monitored by the government in October, the worst performance since it expanded property curbs and scrapped the reporting of national average housing data this year.

More than half of China's millionaires are either considering emigrating or have already taken steps to do so, according to a survey that builds on similar findings earlier this year, highlighting worries among the business elite about their quality of life and financial prospects, despite the country's fast-paced growth.