Foreign direct investment in Japan’s commercial property market more than tripled to $13bn (€9.6bn, £6.6bn) last year as low interest rates created moneymaking opportunities. Financial Times
Jones Lang LaSalle's global report said: 'Japanese interest rates remain the world’s lowest, providing investors with a healthy yield spread.' As a result, 'competition for assets remains intense'.
Much of the foreign investment has gone into prime 'class A' office property in Japan’s biggest cities.