Japan’s real estate markets, with their liquidity and depth will likely continue the current stable growth trajectory for the time being, and several bright spots will emerge as opportunities for investment in the future, said Savills.
Investor sentiment remains positive in Japan, and transaction volumes managed to hold well while many other countries saw deal volumes plummet to less than half this year. Japan’s economy has experienced encouraging growth, which has supported sound recovery in respective real estate sectors. Japan is well regarded for its political, economic, and social stability, especially amid various global upheavals during the past year. In addition, low interest rates and the persistently weak yen have encouraged strong interest from overseas players, as well as contributing to improved prospects in certain sectors, such as hospitality and retail, which benefit from spending by inbound tourists to an outsized extent.
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