Japan

Japanese logistics rents up 14.5% since 2010

3PL and e-commerce industries are strong demand drivers.

Japan’s logistics sector showing signs of overheating

Cap rates have compressed significantly over the past few months.

Why more private funds are acquiring green building certificates in Japan

The ratio of certification acquisitions by private funds rose from 8% in 2018 to 30% in 2021.

Why you don’t see a lot of luxury hotels in Japan 

They have high-end ryokans and inns instead, which are luxurious in their own right.

Hotels without operators becoming a trend in Japan

Savills expects the trend to continue if a large developer begins doing the same.

Here’s a rundown of some notable hotel investments in Japan

Institutional investors dominated the market in 2021, with some active domestic players.

How Japan’s regional office markets dodged the crippling effects of the pandemic

One of the reasons is the limited proliferation of remote work. 

Osaka’s new office space supply this year to hit record highs since 2013

There will be over 40,000 tsubo of Net Rentable Area to be added in 2022.

Tokyo Grade A office rents decline 7.6% YoY in Q4

The vacancy rate also increased 1.8ppts to 2.8%.

Tokyo Grade B office buildings to perform well in 2022

They are expected to stabilise earlier than their Grade A counterparts.

What to expect from Tokyo’s office property market this year

Most office layouts are being transformed to accommodate hybrid working.

What Tokyo’s 'worrying' demographic trends mean for the residential property market

The population has decreased by over 85,000 people from May 2020. 

Tokyo multifamily asking rents slip 0.9% for full-year 2021

Asking rents marginally increased by 0.9% in Q4 2021.

Tokyo office vacancy to rise significantly in 2023

Blame it on oversupply and underwhelming demand.

Tokyo office vacancy rate hits a record 3.1% in Q3

This is the first time the vacancy rate exceeded 3% since 2017.