Earlier this year, the Bank of Japan ended its decade-long stimulus programme to boost inflation and economic growth. How should investors view the country’s property market and fundamentals as a result? In October, Institutional Real Estate Asia Pacific senior editor Dr Jennifer Molloy spoke with three experts on Japan, and their responses are collected below. The Q&A includes Seiko Ikeda, representative director, M&G Real Estate Japan Co; Hiroyuki Mochizuki, head of Japan, PIMCO Prime Real Estate; and Akira Nishimura, managing director, head of Japan, Heitman International.

What is your outlook for the country’s economic health, given anticipated monetary and fiscal policy?

Ikeda: The Bank of Japan has started to raise policy interest rates this year only because the economy is finally emerging from a