Japan
Tokyo residential rents down 4% in Q2 as market headwinds persist
Rents have declined again after a temporary rise in the previous quarter.
Tokyo residential rents down 4% in Q2 as market headwinds persist
Rents have declined again after a temporary rise in the previous quarter.
Tokyo’s office capital values drop for fourth consecutive quarter
Capital values decreased 3.1% in 1Q21.
Tokyo hotel vacancies down to 19.3% in Q1
It was a moderate improvement from the 40% vacancy rate the previous quarter.
Negative rent growth drags Tokyo retail capital values
Capital values were down 18.1% in Q1, the sixth consecutive quarter of decline.
Why 2023 is a significant year for Tokyo’s office supply
The supply influx for this year is expected to be a ‘headache’.
Tokyo industrial records sub-1% vacancy rates for sixth consecutive quarter
Greater Tokyo reported a vacancy rate of 0.9% in Q1.
Fears loom over Tokyo’s future office supply and secondary vacancy
Secondary vacancy from last year’s supply is likely to materialise later this year as office demand weakens.
Japan’s hotel market to be bolstered by domestic demand
The number of incoming international visitors will not recover to 30 million annually anytime soon.
What’s the most sought-after property sector in Japan?
Valuations in this sector have reached record highs.
Japan’s property investment market unfazed by ongoing lockdowns
There were 18 en-bloc transactions with a combined value of USD2.3b in Q1 2021.
The ‘excessive pessimism’ over Tokyo’s office market is waning: Savills
The downside is deemed limited as rents are still ~70% of the peaks seen pre-financial crisis.
Tokyo Grade A office rents’ deterioration finally starts to slow
The 1.9% decline in Q1 is a lot smaller than the 2.6% correction last quarter.
Which Japanese property sector suffered from the sharpest yield compression?
This sector saw a compression of 100bps in the last 3 years.
Rising condo prices leave the Japanese with no choice but to lease
The number of units up for sale is down 20.6%.
Here’s why Japan’s ‘population flight’ to regional cities is expected to accelerate
People are more likely to move to major cities in the same regions rather than Greater Tokyo.
Japan industrial capital appreciation to see the largest increase since 2012
It’s expected to increase by 23 points this year.
Tokyo Grade A office vacancy rate breaches 1% mark for the first time in almost two years
Vacancies stood at 1.3% at end-4Q20, increasing 60 bps q-o-q and 80 bps y-o-y.
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
