Japan Real Estate News
Japan
World Property Markets to Commence Industry Joint Venture Funding Round
Michael Gerrity, founder of Miami-based World Property Ventures (WPV), has announced that WPV's wholly-owned subsidiary, World Property Markets, is soon launching a significant $350 million joint-venture funding round with multiple industry partners later this quarter.
Global Edge Data Center Market to Hit $300 Billion by 2026
Real estate consulting firm JLL predicts a significant increase in data-dependent technologies like the Internet of Things (IoT) and generative artificial intelligence (AI) will drive the need for robust IT infrastructure, particularly in the form of edge data centers.
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.
Global Home Price Growth Accelerates in 2024
Based on new data from Knight Frank, global housing markets continued to see stronger growth in the first quarter of 2024, with annual growth across the 56 markets we cover reaching 3.6%.
