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Institutional funds shift their gaze and chequebooks to Japan’s real estate as value outweigh ageing demographics and empty cities

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…

Read the original article at South China Morning Post

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