Institutional investors are flocking into Japan’s residential property market, as value assets in one of Asia’s most prosperous nations outweigh concerns of a resurgence in Covid-19 infections, ageing demographics and the trend of remote work that has emptied major urban centres.Savills Investment Management, under its Japan Residential Fund II recently acquired a 24 billion yen (US$218 million) portfolio of 10 assets in residential markets in central and outer Tokyo, central Osaka and central…
Source : South China Morning Post
Read more…Institutional funds shift their gaze and chequebooks to Japan’s real estate as value outweigh ageing demographics and empty cities