Yokohama Real Estate News
Yokohama
Japan Commercial Property Investment Volume Jumps 7 Percent in Q1
Based on fresh data from CBRE, Japan's investment volume in commercial real estate for the first quarter of 2024 surged by 7% year-over-year, totaling JPY 1.439 trillion.
Asia Pacific Commercial Property Investment Leads the World, Spikes 13 Percent
New data from the global real estate consultancy JLL indicates that the Asia Pacific region was the sole global area to experience an increase in commercial real estate investment in the first quarter of 2024, with investments hitting $30.5 billion. This represents a 13% rise year-over-year (YoY) and is the second consecutive quarterly increase after a slump lasting seven quarters.
Commercial Property Investment in Japan Implodes 57 Percent Annually in Late 2023
Based on new data by CBRE, commercial real estate investment volume in Japan fell by 57% year-over-year to JPY 660.0 billion in Q4 2023.
Commercial Property Investment in Japan to Weaken in 2024
According to new data from CBRE, consensus forecasts expect the Japanese economy to continue to see moderate growth of around 1% per annum in 2024 and beyond. Capital expenditure is projected to increase on the back of generally strong corporate earnings.
