Japan Real Estate News
Japan
Commercial Property Investment in Japan Declines 37 Percent in Q2
Global property consultant CBRE reports that commercial real estate investment volume fell by 37% year-over-year to JPY 512.0 billion in Q2 2021. The most significant factor behind this decline was due to fewer large transactions in comparison to the same quarter of the previous year.
Global Commercial Investment Returns with a Vengeance in 2021
According to global property consultant CBRE, with vaccinations ramping up and economies reopening worldwide, global commercial real estate investment volume grew by 98% year-over-year to $260.4 billion in Q2 2021.
Office Space Users in Asia Pacific Feeling Upbeat in 2021, Despite Covid
Based on findings of CBRE's 2021 Asia Pacific Future of Office Survey, a growing number of corporate occupiers plan to extend their Asia Pacific office footprint in the long-term while adopting strategies featuring greater flexibility and new hybrid working models.
Asia Pacific Real Estate Being Targeted by Offshore Investors
According to CBRE's latest In and Out Report, offshore property investors have upped the ante in the Asia Pacific region, accounting for 41% of the $15.6 billion (USD) in office, retail, industrial and hotel property transactions finalised in H1 of 2021.
