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Generalreview

Casino Integrated Resort Locations to be Formally Announced after May 2021

Japan’s long-running mission to get casino resorts off the ground has been delayed not only because of the coronavirus but also due to related political scandals and public opposition. As Yokohama prepares for a mayoral election on Aug. 22, it and other localities hoping for a casino resort are moving forward with plans to formally finalize their proposals, which the central government will accept from October until April 28, 2022.

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Generalreview

Fukushima Nuclear Disaster Propels Japan into Hydrogen Energy

As billions of people watch the Olympics, front and center is the Olympic cauldron, fueled by hydrogen. It’s an important statement Japan is sending to the world: They are on a new path to a clean energy society. A brand new, totally green, facility in Fukushima produces hydrogen – the most abundant element in the universe. The plant uses solar energy, then takes water and splits it into hydrogen. The result is clean burning fuel and no carbon footprint.

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Investors/Businessreview

Foreign Investment Doubled in Japan’s Residential Sector During the Pandemic and Prices Soar

Foreign investment in Japan’s apartments more than doubled to US$5.9 billion in 2020 during the Covid-19 pandemic, from US$2.7 billion a year earlier, according to Real Capital Analytics, which tracks deals worth at least US$10 million. So far this year, the segment has attracted US$704 million in foreign capital with another US$161 million still pending.

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Generalreview

Japan Considers Increased Work-Life Balance with 4 Day Work Week

Japan, known for its rigid work culture, is entertaining changes to the standard workweek few would have predicted even several years ago. The country’s annual economic policy guidelines, released this month, unveiled plans to push employers to adopt four-day workweeks, marking official acceptance of a once-fringe approach that has gained increasing purchase internationally amid workplace changes wrought by the coronavirus pandemic.

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Investors/Businessreview

Experts Puzzled on Japan’s Resilient Real Estate Performance while Struggling with Pandemic Recovery

First, no other market in Asia has the liquidity and stability Japan offers. Not only does the country typically account for the largest share of annual transaction volumes in the region, it has long been perceived as a safe haven, underpinned by political stability, a relatively high level of market transparency and a large pool of core properties with creditworthy tenants…

Investors/Business
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Generalreview

Logistics gets Sexier in Japan

As featured in Asian Property Review – New robust demand for large multi-tenant logistics facilities in Tokyo, Osaka and Nagoya, is breaking all existing records. The world has evolved. Consumers will never go back to the same office, industrial and shopping environments that were taken for granted prior to the pandemic. Online shopping has moved from ‘convenience’ to ‘necessity.’

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Generalreview

Despite Challenges Japan’s Retail Market Expected to Recover Well Post-Pandemic

As of this year, Japan’s ecommerce market is set to be worth $150.1 billion (£105.7 billion), with a compound annual growth rate of 6.2 per cent, according to a 2020 report by JP Morgan. Meanwhile, overall Japanese retail sales rose at the fastest pace – by 5.2 per cent – in five months in March this year as consumer demand recovered from the huge hit it took from the pandemic.

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