Japan has traditionally been regarded as a “safe haven” market for global investors. We look at why the fundamental drivers of the multifamily sector – especially in Tokyo – continue to show resilience over cycles.
- The Japan real estate market needs little introduction. As an established core market in the Asia Pacific (APAC) region, investment activity has bucked the global trend.
- Solid fundamentals have underscored Japan’s allure as a key investment market over the years. That said, Japan is certainly not immune to global economic forces and recent modifications to the monetary policy regime have cast doubts on the endurability of Japan’s safe haven status for real estate investors.
- We lay out our arguments as to why the medium to long term investment appeal of Japan – and the Tokyo multifamily sector in particular – continues to be burnished by unique drivers.