News

Asian buyers shifting to holiday homes abroad in post-COVID purchases

Pre-COVID, Asian buyers were looking at investment returns when purchasing properties. Now they are interested in properties that can offer them lifestyle.

Asian buyers shifting to holiday homes abroad in post-COVID purchases

Pre-COVID, Asian buyers were looking at investment returns when purchasing properties. Now they are interested in properties that can offer them lifestyle.

Tokyo rents and vacancies rise

Tokyo office rents rose both YoY and MoM but vacancy increased for the fifth straight month to 2.77%. By area, Minato saw the largest vacancy increase (to 3.52% from 2.33%) and Chiyoda saw the smallest increase (from 1.39% to 1.93%). Inside we provide additional details by area and comment on investment implications (for Tokyu Fudosan, Mitsubishi Estate, and Sumitomo Realty).