Tokyo Real Estate News
Tokyo
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.
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.
Asia Pacific Office Sector to Further Reprice Throughout 2024
Based on new data by CBRE, Outstanding senior commercial real estate debt in Asia Pacific totals at least $257 billion, with a funding gap of $8.4 billion expected between 2024 and 2026. This is a much narrower gap than investors in the other major regions.
South Korea is Asia Pacific's Top Performing Hotel Market
According to CBRE, strong domestic and international demand have established Korea as one of the top-performing hotel markets in the Asia Pacific region over the past two years.
