Property News · October 10, 2018

Tokyo beats Hong Kong in return yield on investment in office towers, asset manager says


Investors should take a fresh look at Tokyo’s office towers for their superior return yield over Hong Kong, where prices and borrowing costs eat into profits, said asset manager TH Real Estate.
“Tokyo can provide a strong equity yield. With an eye to the 2020 Olympics, infrastructure spending and rising tourism have also underpinned above-trend growth for a number of years. It is currently a principal city which attracts income-driven investors like us,” said Harry Tan, head…

Source : South China Morning Post
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