JLL report reveals seven of the 10 most attractive cities for luxury retail are in Asia Pacific
The current cycle of globalization, urbanization and technological advancement is shaking up the established hierarchy of our cities and creating sweeping changes to the geography of commercial real estate opportunity
Overseas property investors are keeping a close eye on changes to Japan’s rental accommodation laws, which could open a new and potentially highly profitable market.
Japan’s property prices have fallen 70 per cent over the past 16 years and the yen has depreciated by more than 20 per cent against the US dollar.
'The fundamentals remain firm and the investment case for Tokyo real estate remains among the best in the Asia Pacific region.'
Japan's declining population has paved the way for increased opportunities for foreign buyers due to relaxed immigration policies.
Rents are still increasing, albeit very slowly.
The Japanese economy suffered more than two decades of stagnation up until 2012. In that year, the election of Prime Minister Shinzo Abe ushered in a new set of economic policies, “Abenomics,” which aims to kick-start the economy through monetary easing, fiscal stimulus and structural reform