Archive for November 22nd, 2010

Introduction to the Japanese Real Estate SPC or ‘TMK’

November 22, 2010  |  Entities, Real Estate, TMK  |  No Comments

A sumo wrestler preparing the training ring in the sumo training house or 'Sumo Beya'

The Japanese authorities first took steps to help encourage liquidity in the Japanese real estate market through the introduction of a conduit entity that could be used in real estate transactions prior to 2000, when the ‘Law Concerning the Liquidation of Specified through a Special Purposes Company’ (in Japanese the ‘特定目的会社による特定資産の流動化に関する法律’ or ‘or tokutei mokuteki kaisha ni yoru tokutei no shisan non ryudouka ni kansuru houritsu’ and referred to be low as the ‘SPC Law’) Read More