Yokohama Real Estate News
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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.
Japan Commercial Property Investment Volume Jumps 7 Percent in Q1
Based on fresh data from CBRE, Japan's investment volume in commercial real estate for the first quarter of 2024 surged by 7% year-over-year, totaling JPY 1.439 trillion.
Asia Pacific Commercial Property Investment Leads the World, Spikes 13 Percent
New data from the global real estate consultancy JLL indicates that the Asia Pacific region was the sole global area to experience an increase in commercial real estate investment in the first quarter of 2024, with investments hitting $30.5 billion. This represents a 13% rise year-over-year (YoY) and is the second consecutive quarterly increase after a slump lasting seven quarters.
Yokohama Property News
Asia Pacific Commercial Property Investment Leads the World, Spikes 13 Percent
Posted on May 03, 2024
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