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Japan Yokohama

June 2020

Report

Reihe: Savills Spotlight

Anbieter: Savills

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  • Erscheinungsdatum : 15.06.2020
  • Seiten : 8 Seiten
  • Datei-Typ : PDF-Datei
  • Größe : 3,21 MB
  • Sprache(n) : Englisch

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Inhalt

  • Following numerous redevelopment projects, such as The Minato Mirai 21 Project, Yokohama has reinvented itself since its post-war slump, becoming a genuine alternative to Tokyo.
  • Investment volumes into the capital have slowly been decreasing as valuations and opportunities become less favourable. Consequently, some of these flows have been directed to peripheral markets such as Yokohama, which has seen steady increases since 2017.
  • With a strength in R&D, the office market in Yokohama is an attractive proposition for businesses. Meanwhile, as the pandemic continues to change working culture, the emergence of satellite offices for example could be a boon for the city.
  • Much of Yokohama's future success depends on a sustained economic recovery in Japan. Regardless, solid demand fundamentals should underpin the market's resilience for the time being.

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