Japan’s property market was less likely to deliver significant rewards to investors because of heightened geopolitical tensions with China, more than a tightened monetary policy, according to analysts.
“The yield spread is likely to narrow as cap rates are unlikely to widen,” said Chinatsu Hani, head of research at Tokyo-based CBRE. “However, spreads should remain in positive territory.”
The Bank of Japan in March last year began unwinding its nearly decade-long negative interest rate policy –…
Have investors missed the boat on Japan’s property market amid tensions with China?
