Japan
Hotels without operators becoming a trend in Japan
Savills expects the trend to continue if a large developer begins doing the same.
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.
This record-breaking US$2.6b deal revived Japan’s office investment market
It is the country’s largest ever property sales transaction.
Is there a looming supply glut in Japan’s logistics property sector?
Supply will hit record highs of over 5m sqm this year, with more supply slated until 2023.
Japan leads APAC hotel investment recovery with transactions worth US$590m in Q3
This is a sharp increase from last year’s US$168m.
Fukuoka’s residential market unfazed by the pandemic
Occupancy rates in the city have consistently been above 96%.
Why Tokyo’s retail property market is still mired in uncertainty
The slight increase in rents was only due to listings of previously unavailable prime locations.
Nagoya’s residential market underpinned by these demographic trends
Average rents grew by 9% in Q3 2021, higher than the lowest level over the past five years.