M'bishi Estate to become biggest shareholder in Towa Real Estate

M'bishi Estate to become biggest shareholder in Towa Real Estate

TOKYO, Japan - Takao Aihara, president of struggling condominium builder Towa Real Estate Development Co. speaks as Mitsubishi Estate Co. President Shigeatsu Sugiura listens at a press conference in Tokyo on Dec. 29. Mitsubishi Estate will become Towa's largest shareholder under their agreement to create a strategic partnership.

U.N. forest hero

U.N. forest hero

NEW YORK, United States - Japan's fisherman-turned-environmentalist Shigeatsu Hatakeyama holds the English version of his book before a ceremony for six recipients including him of the United Nations Forum on Forests' Forest Hero award at the U.N. headquarters in New York on Feb. 9, 2012. Hatakeyama, from Kesennuma, Miyagi Prefecture, is founder and chairman of Mori wa Umi no Koibito (Forests are Lovers of the Sea), a nonprofit environmental conservation organization. Kesennuma is one of the areas hardest-hit by the March 2011 tsunami.

U.N. Forest Hero

U.N. Forest Hero

TOKYO, Japan - File photo shows Shigeatsu Hatakeyama, a Japanese environmental preservation activist in Miyagi Prefecture, one of the areas hardest hit by the March 11, 2011, disaster. The United Nations Forum on Forests said on Feb. 8, 2012, that Hatakeyama has been selected to win its Forest Hero award for the Asian region as a contributor to sustainable forest management.

M'bishi Estate to become biggest shareholder in Towa Real Estate

M'bishi Estate to become biggest shareholder in Towa Real Estate

TOKYO, Japan - Takao Aihara, president of struggling condominium builder Towa Real Estate Development Co. speaks as Mitsubishi Estate Co. President Shigeatsu Sugiura listens at a press conference in Tokyo on Dec. 29. Mitsubishi Estate will become Towa's largest shareholder under their agreement to create a strategic partnership. (Kyodo)

U.N. forest hero

U.N. forest hero

NEW YORK, United States - Japan's fisherman-turned-environmentalist Shigeatsu Hatakeyama holds the English version of his book before a ceremony for six recipients including him of the United Nations Forum on Forests' Forest Hero award at the U.N. headquarters in New York on Feb. 9, 2012. Hatakeyama, from Kesennuma, Miyagi Prefecture, is founder and chairman of Mori wa Umi no Koibito (Forests are Lovers of the Sea), a nonprofit environmental conservation organization. Kesennuma is one of the areas hardest-hit by the March 2011 tsunami. (Kyodo)

U.N. Forest Hero

U.N. Forest Hero

TOKYO, Japan - File photo shows Shigeatsu Hatakeyama, a Japanese environmental preservation activist in Miyagi Prefecture, one of the areas hardest hit by the March 11, 2011, disaster. The United Nations Forum on Forests said on Feb. 8, 2012, that Hatakeyama has been selected to win its Forest Hero award for the Asian region as a contributor to sustainable forest management. (Kyodo)