Japan
Japanese industrial investments slow but abundant capital still in sight
Japanese industrial investments slow but abundant capital still in sight
Preliminary data say industrial investment volumes fell 43% in the first half of 2021.
Industrial rents in Greater Tokyo up 1.6% to around US$40 per tsubo
Rental growth has slowed as tenants become financially stretched.
Here's how Tokyo's logistics sector fared in Q2
Vacancy rate was at sub-1% for the seventh consecutive quarter.
Strategic domestic investors acquire hotels in Japan amidst pandemic woes
Samty and Hoshino Resort are two strategic investors who recently clinched hotel properties in the country.
Tokyo's condo price appreciation continues unabated despite pandemic
Average prices reached a new post-bubble high of JPY77.1 million in 2020.
Tokyo’s Grade A office rents take a hit from pandemic woes, new office supply
Rents in the Tokyo central five wards fell 1.7% in Q2 2021.
Flex office spaces gaining momentum in Central Tokyo
WeWork, Spaces, Business-Airport and Human First Time will launch more spaces in Q3 2021.
3 new office buildings to watch out for in Osaka
The Osaka Umeda Twin Towers South will lead the supply throughout 2022.
Property investors remain attracted to offices in Japan’s regional cities
One company will invest US$10b in Japan, 70% of which will be invested in office buildings.
Japanese office rents in regional cities faring better than in Tokyo
Rents in Tokyo dropped 6.5% while Osaka and Nagoya recorded only 2.2% and 0.6% declines, respectively.
Why it’s not all doom and gloom for Tokyo’s residential market
Leasing demand is expected to get a boost as prices of for-sale condos increase.
This region will be a major player in Tokyo’s office market
The area attracts tech giants such as Microsoft, Samsung, and Amazon.
Tokyo Grade A office rents down 1.7% in Q2 as secondary vacancies emerge
Demand from big firms declined as more employees work remotely.
Misplaced optimism: Tokyo’s residential recovery is short-lived
Occupancy rates are down to an 11-year low of 95.4% in Q2.
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.