Japan

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.

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.

How are retail rents faring in Tokyo’s regional cities?

Average rents increased 9% to JPY26,350 per tsubo in H1 2021.

Tokyo retail prospects remain grim as high vacancy rates persist

Out of all the regional markets, Sapporo is in the worst position.

Intriguing population dynamics at play in Central Tokyo’s residential market

More younger families are leaving Central Tokyo for neighbouring prefectures.  

Tokyo residential rents at a record low since 2018

Average multifamily asking rents dropped 3.6% over the year. 

Tokyo residential occupancy rates on par with 2015 levels

Occupancy rates increased 0.2ppts to 95.6% in Q3 2021. 

Tokyo to see a number of new luxury hotels post-pandemic

Most hotel operators have taken a long-term approach in the city and will open new sites in the coming years.

Potentially problematic supply glut looms for Japan’s industrial sector  

Greater Tokyo has multiple large-scale projects coming up, and Greater Osaka is set to have record supply levels this year. 

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.