The WPJ

Osaka

Asia Pacific Hotel Investment to Exceed $12 Billion in 2024

According to new data by JLL, full year Asia Pacific hotel investment volumes in 2024 are anticipated to grow by 4.3% over 2023, which totaled $11.7 billion.

Commercial Property Transactions in Japan Dive 25 Percent Annually in Q2

Global property consultant CBRE reported this week that Japan's commercial real estate transaction volume for Q2 2024 decreased by 25% year-over-year to JPY 663.0 billion.

Commercial Lending in Japan Upticks 6 Percent Annually in Q1

Data from the Bank of Japan (BoJ) indicates that outstanding loans to the real estate sector by Japanese financial institutions, including domestic banks and Shinkin banks, reached JPY 129 trillion at the end of March 2024.

South Korea is Asia Pacific's Top Performing Hotel Market

According to CBRE, strong domestic and international demand have established Korea as one of the top-performing hotel markets in the Asia Pacific region over the past two years.

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