With the globalization
of the Japanese economy,
many international companies
have been expanding their
business in Japan recently.
Especially in the financial
sector, the deregulation
of the Tokyo financial
market, called “the
Japanese BIG BANG”,
has brout many international
firms to Tokyo. Not only
financial institutions,
but also accounting firms
and law firms are increasing
their staff in Tokyo rapidly.
On the other hand, an
increasing number of expatriates
results in the lack of
high-grade residences
for them in Tokyo. In
order for Tokyo to become
an international financial
center like London and
New York, it is necessary
to provide more housing
that meets their life
styles.
This report analyzes trends
in demand and supply of
high-grade residences
for expatriates in Tokyo,
as well as the potential
of such as a subject of
real estate investment. |