Office rentals in Japan slow to respond to monetary easing moves
Add BT as a preferred source
Tokyo
THE aggressive monetary easing by the Bank of Japan (BOJ) over the past two years has pushed Tokyo stock prices dramatically higher, but it has not had that effect in the Japanese property sector, where capital values and rentals have generally been slow to respond to the stimulus.
Data released on Monday by Japan property specialists Miki Shoji showed that office rentals in Tokyo have risen only gradually - and even then, this growth could be slowed by the prospective launch of a series of new office developments.
TRENDING NOW
DBS COO’s most important tip for AI transformation: Lead with ‘why’
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
