Japan Real Estate News
Japan
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%.
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.
Major Hotel Operators Expanding Rapidly Across Asia Pacific in 2024
Hotel owners and operators are adjusting their operational and branding strategies in response to increased labor and utility costs, limited new supply, and the extended peak of the interest rate cycle.
