Japan

Tokyo to see a number of new luxury hotels post-pandemic

Most hotel operators have taken a long-term approach in the city and will open new sites in the coming years.

Potentially problematic supply glut looms for Japan’s industrial sector  

Greater Tokyo has multiple large-scale projects coming up, and Greater Osaka is set to have record supply levels this year. 

Japanese industrial investments slow but abundant capital still in sight

Preliminary data say industrial investment volumes fell 43% in the first half of 2021.

Industrial rents in Greater Tokyo up 1.6% to around US$40 per tsubo

Rental growth has slowed as tenants become financially stretched.

Here's how Tokyo's logistics sector fared in Q2

Vacancy rate was at sub-1% for the seventh consecutive quarter.

Strategic domestic investors acquire hotels in Japan amidst pandemic woes 

Samty and Hoshino Resort are two strategic investors who recently clinched hotel properties in the country. 

Tokyo's condo price appreciation continues unabated despite pandemic

Average prices reached a new post-bubble high of JPY77.1 million in 2020.

Tokyo’s Grade A office rents take a hit from pandemic woes, new office supply

Rents in the Tokyo central five wards fell 1.7% in Q2 2021. 

Flex office spaces gaining momentum in Central Tokyo

WeWork, Spaces, Business-Airport and Human First Time will launch more spaces in Q3 2021. 

3 new office buildings to watch out for in Osaka

The Osaka Umeda Twin Towers South will lead the supply throughout 2022.

Property investors remain attracted to offices in Japan’s regional cities

One company will invest US$10b in Japan, 70% of which will be invested in office buildings.

Japanese office rents in regional cities faring better than in Tokyo 

Rents in Tokyo dropped 6.5% while Osaka and Nagoya recorded only 2.2% and 0.6% declines, respectively.

Why it’s not all doom and gloom for Tokyo’s residential market

Leasing demand is expected to get a boost as prices of for-sale condos increase.

This region will be a major player in Tokyo’s office market

The area attracts tech giants such as Microsoft, Samsung, and Amazon.

Tokyo Grade A office rents down 1.7% in Q2 as secondary vacancies emerge

Demand from big firms declined as more employees work remotely.

Misplaced optimism: Tokyo’s residential recovery is short-lived

Occupancy rates are down to an 11-year low of 95.4% in Q2.