Aberdeen Investments has announced the acquisition of six modern residential properties in central Tokyo in partnership with Weave Living, on behalf of a large European investor that is a long-term partner of Aberdeen in the region, further expanding both firms’ living sector investments in Japan.
Japan’s residential market continues to demonstrate strong fundamentals, supported by persistent housing undersupply, ongoing urbanization and favorable policy conditions. High construction costs and labor shortages are limiting new housing supply, while demand for rental accommodation continues to increase, particularly in Tokyo, driven by inward migration, the growth of single-person households and sustained investor interest.
Against this backdrop, residential rents in Tokyo have continued to rise, broadly in line with household income growth, while asset pricing has remained resilient despite higher interest rates. In first quarter 2026, average occupancy rates across