Resilience of the Japanese real estate market
APAC definitely stands out from a near-term growth potential perspective vs North America and Europe, and within APAC, Japan stands out given it’s the only deep institutional market in the region where investors can still efficiently invest across all the major cities and asset classes, and across the risk curve, despite the current headwinds. In a recent survey conducted by JLL, 56% of fund managers responded that they were looking to increase their real estate exposure to Japan. This was higher than the rates for all the other major markets in APAC.