Monaco holds onto top spot with Hong Kong and Tokyo close behind
Savills Research reports that Monaco has the highest property prices per square metre in the world while only occupying a space smaller than New York’s Central Park. Monaco is home to 38,000 inhabitants from 139 different countries.
"With Fewer Big-Ticket Deals, Japan Transaction Volume Falls 27% y-o-y to JPY 3 trillion Lowest Expected Yields Recorded for Tokyo Hotels, Logistics, Retail; and Regional Cities Office" says Asuka Honda, Associate Director of CBRE Research
Japan transaction volumes fall as global volumes rise
CBRE Releases Q3 2018 Japan Investment MarketView showing that Japan commercial real estate investment volume fell by 25% y-o-y to JPY 592 billion in Q3 2018
Hong Kong CBD rents to decline; Seoul CBD rents vulnerable amid falling stock markets
Colliers International, released their flash report, Hong Kong and Seoul CBD Rents Vulnerable to Falling Stock Markets, in response to recent declines in stock markets in Asia.
Rising occupancy levels in C5W benefit surrounding submarkets of Tokyo
Savills Briefing Office Sector for Q2 2018 reveals that as occupancy levels approach 100% in the majority of Tokyo's central five wards, many of the surrounding submarkets are benefiting.
Tokyo overtakes London as world's busiest real estate market
The positive economic trends established in Q1 2018 have driven demand resulting in Japan's largest single asset deal in history - 'Battleship' sold for US$1.4 billion.