Stay updated with breaking news from Joel Rothstein. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The big story in global foreign exchange markets right now is the continued slide in the yen, to a fresh 34-year low. As tourists in Japan buy luxury goods at a significant discount, retail rents and hotel rates are also up.
The emerging sector of multifamily properties is offering many untapped opportunities – especially in China, where catalysts for the institutionalisation of its rental housing market have coalesced in recent years.
A weaker yen, attractive interest rates and increasing consumer demand spurred by post-COVID market re-opening has made Japan’s real estate market one of the hottest Asian investment options for global investors in 2023. This is keeping real estate lawyers extremely busy.
High net worth investors are increasingly turning to bricks and mortar to allocate capital, with Japan and its residential housing sector emerging as a favoured destination.