30 Jul, 2012 -
Interest rekindles in Japan – In comparison to China, Japan appears to be a defensive, safe and income-oriented bet. The outlook has brightened for Tokyo, although deal making and liquidity available for transactions remain a challenge. However, the Tokyo market should benefit from capital infusions in the aftermath of last year’s earthquake and a more robust J-REIT market, which can access the market in ways not possible in China or India and offers the potential for good cash flows. Constrained supplies of retail and logistics space favor these sectors over office, which has higher vacancies and more suspect demand fundamentals. With stores taking more space, the retail leasing market is brightening, especially for urban shopping districts.
(Source – “World Property Channel“)