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Insights and analysis on the Japan market.

Positive outlook for Yokohama

Jul 15, 2020

At Nikota, we are positive on the outlook for Yokohama and believe the area is likely to be one of the out-performers over the coming years due to the following:

  • Current supply/demand dynamics and rent levels across most asset classes
  • Numerous deep demand drivers for the local economy with a strong focus on R&D
  • The affordability of accommodation and livability of the area, especially when compared to Tokyo
  • The ongoing, active discussion amongst Japanese corporates on flexi-working and increasing employees ability to work from home and decentralized hubs going forward
  • Potential development of Japan's first, or one of their first, casinos/integrated resorts

Below is the link to an interesting report published by Savills recently on Yokohama which touches on some of the abovementioned points.

Read the full report