Tokyo: Will the music stop in 2019?
Interesting article by Nuveen’s Head of Research for APAC, Harry Tan. Outlines the strength of the economy despite some headwinds and the difficulty that many groups have in accessing higher quality deals in the Tokyo market, despite the market’s depth. The article also highlights logistics and multi-family residential as two focus assets classes for Nuveen. Tokyo is clearly a priority market for all the APAC core funds, and the outlook is generally positive for most asset classes.