Japan developers warn of risk for new condo delays due to Iran war

Hormuz closure continues to shake up building material supply chains Japanese condo developers are warning customers to prepare for delays but say no projects are behind schedule yet. (Photo by Shun Kato) TOKYO — Major Japanese real estate companies are notifying customers about possible delays in handing over new condominiums due to construction material shortages, as the supply chain turbulence caused by the Iran war continues to spread.

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