Tokyo Real Estate News
Tokyo
Japan Inbound Commercial Investment Increased 12 Percent in 2022
According to global property consultant CBRE, Japan's commercial real estate investment rose by 14% year-over-year to JPY 1.4 trillion in Q4 2022 driven by purchasing by domestic investors.
Asia Pacific Commercial Investment Dives 27 Percent in 2022
Commercial real estate investment in Asia Pacific in 2022 declined by 27% year-on-year as a tightening interest rate cycle and global macroeconomic uncertainties influenced decision-making.
Office Rents, Vacancies Continued to Decline Across Tokyo in Late 2022
According to global property consultant CBRE, Tokyo's All-Grade office vacancy rate fell by 0.2 points to 4.7% in Q4 2022, representing the first q-o-q decline in almost three years since Q1 2020. Take-ups by relocations aimed at upgrading or expansion outpaced new vacancies.
Location, Flexibility and Quality Shapes How People Live, Work and Shop in Asia
According to CBRE's latest Asia Pacific Live-Work-Shop Report, while the adoption of hybrid work continues to have a major influence on where consumers are choosing to work and live, more people in Asia Pacific are actually planning to move closer to city centers.
