According to global property consultant CBRE, Tokyo's office vacancy rate is rising on the back of new supply. All-grade office vacancy rates rose to 4.9% in Q3 2022, an increase of 0.6 points from the previous quarter, primarily due to vacancies in newly-completed buildings.
The country of Japan is significantly loosening Covid-19 border restrictions that are expected to drive increased inbound travel demand, says global property consultant CBRE.
According to new research by global property consultant CBRE, foreign commercial real estate investment in Japan significantly declined in 2022, primarily due to limited availability.
Investment in Asia Pacific's cold storage market is expected to grow fivefold in the next decade, driven by a shortage of new supply, outdated existing facilities and rapidly changing consumer demands created by the widespread adoption of online grocery shopping.
According to international property consultant Knight Frank's latest Global Cities Home Price Index, real price growth in local currencies and movement in mainstream house prices across 150 global cities, 94% of which saw prices increase over the latest 12-month period, up from 85% a year ago.
Posted on May 24, 2022
Posted on April 27, 2020
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