The first quarter of 2014 was good – across all the Asian markets we’ve seen an improvement in sentiment. Japan still looks the most positive, with people getting more optimistic as they see evidence of Abenomics working. There is a lot of capital flowing into Japan, GDP growth is picking up, inflation is rising and salaries are starting to grow for the first time in many years.
Buying activity is also very positive and that optimism is spreading through the country –
investors are now looking beyond Tokyo, and that includes us. Economic and investment indicators in other cities like Osaka, Nagoya and Fukuoka can be seen to be improving, and real estate pricing in those locations has now started to catch up with Tokyo.
Source : M&G Real Estate