Real Estate
The real estate industry has broad business bases and a wide range of business forms exist in the industry. It is playing an important role in the Japanese economy considering the number of business operators and the size of assets. However, it is constantly and severely affected by the impact of economic fluctuations and facing a wide range of issues due to the diversity of business forms.
There are a wide range of laws and regulations governing the real estate industry. Especially with the enforcement of the "Act on Specified Joint Real Estate Ventures" and "Act on Securitization of Assets," there is progress in the implementation of laws and establishment of accounting processes for asset securitization.
In preparation for the adoption of the International Financial Reporting Standards (IFRS), various accounting standards for evaluation and disclosure of real estate have been adopted, increasing the importance of strategies and management of real estate held.
BDO actively provides advice on asset portfolios including complete asset reallocation, financial analysis, asset evaluation, composition and diversification of investment portfolio, M&A, and more. With a team of professionals, we help clients to grow further as an advisor in the real estate business.