Iran Situation May Delay Handover of High-Rise Apartments in Japan
Due to concerns over the impact of the changing situation in Iran on the procurement of building materials, several major Japanese real estate companies have notified customers that the handover of newly built high-rise apartments may be delayed.
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- 📰 Published: May 13, 2026 at 12:59
- 🔍 Collected: May 13, 2026 at 13:31 (31 min after Published)
- 🤖 AI Analyzed: May 13, 2026 at 14:04 (32 min after Collected)
Central News Agency
(Central News Agency, Tokyo, 13th, comprehensive foreign report) Several major Japanese real estate companies, considering concerns that changes in the situation in Iran may affect the procurement of building materials and equipment, have notified customers that the handover of newly built high-rise apartments may be delayed.
NHK reported today that materials such as wallpaper, tiles, adhesives, and paints in the residential sector are often made from petroleum products.
Although major Japanese real estate companies currently do not have problems with material shortages, concerns have arisen that the Iran situation could affect raw material procurement. Companies such as Mitsubishi Jisho Residence and Mitsui Fudosan Residential have, since mid-April and late April respectively, notified customers in writing and other means that the handover of newly built high-rise apartments may be delayed.
At the same time, these two companies also notified customers that internal equipment specifications might also change.
In addition, other real estate companies such as Tokyu Land Corporation and Tokyo Tatemono have also informed customers about possible handover delays.
Sumitomo Realty & Development and Nomura Real Estate stated that they currently do not have new properties nearing handover, and if any delays are anticipated in the future, they will promptly notify customers.
The companies pointed out that although there have been no actual cases of handover delays to date, under the current circumstances, they judged that many homebuyers are worried about whether they can move in on schedule, and therefore decided to notify customers in advance. (Compiled by: Yang Wei-ching) 1150513
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(Central News Agency, Tokyo, 13th, comprehensive foreign report) Several major Japanese real estate companies, considering concerns that changes in the situation in Iran may affect the procurement of building materials and equipment, have notified customers that the handover of newly built high-rise apartments may be delayed.
NHK reported today that materials such as wallpaper, tiles, adhesives, and paints in the residential sector are often made from petroleum products.
Although major Japanese real estate companies currently do not have problems with material shortages, concerns have arisen that the Iran situation could affect raw material procurement. Companies such as Mitsubishi Jisho Residence and Mitsui Fudosan Residential have, since mid-April and late April respectively, notified customers in writing and other means that the handover of newly built high-rise apartments may be delayed.
At the same time, these two companies also notified customers that internal equipment specifications might also change.
In addition, other real estate companies such as Tokyu Land Corporation and Tokyo Tatemono have also informed customers about possible handover delays.
Sumitomo Realty & Development and Nomura Real Estate stated that they currently do not have new properties nearing handover, and if any delays are anticipated in the future, they will promptly notify customers.
The companies pointed out that although there have been no actual cases of handover delays to date, under the current circumstances, they judged that many homebuyers are worried about whether they can move in on schedule, and therefore decided to notify customers in advance. (Compiled by: Yang Wei-ching) 1150513
Choose to stand with facts, every sponsorship you make is a force to protect press freedom.
Download the Central News Agency "First-hand News" APP to get the latest news in real-time.
The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or utilized without authorization.