Foreign Investors Snatch Up Offices And Warehouses In Japan

Real estate investment from overseas has been rising in Japan, spilling over across a diverse swath of properties.

 

While this trend has been ongoing for residential properties, like condominiums, and accommodations, more recently overseas investment has increased in warehouses and office space.

For storage locations, recent health and safety laws around delivery workers’ hours are expected to spur more demand for such facilities.

Other factors influencing all manner of real estate investment – against the backdrop of a strongly rebounding Japanese economy – include the yen being at its weakest against the dollar for over 30 years, low interest rates and easy financing.

Finally, unlike many countries, workers have largely returned to their offices in Japan without protest, post pandemic.

This led to office space being the leading investment category for 2021 and 2022, in contrast to the first two quarters of 2023 when it was overtaken by industrial assets.

Source:
Nikkei Asia – 9 October 2023

Image:
Chris 73 / Wikimedia Commons (article thumbnail)

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