Japanese Real Estate Index Going Through the Roof

by: Gary Dorsch

The Japanese real estate index on the Tokyo Stock Exchange reached a 15-year high of 1727 in December, up 95% from 24 weeks ago. Standard & Poor's said rent and vacancy rates in Japan's real estate market, particularly in commercial leasing, are nearing full occupancy, with a vacancy rate of less than 3%. This gives real estate operators an advantage in negotiating contracts for renewal of leases, and prospective tenants for existing and new buildings, thus boosting earnings.

Japan Real Estate Index-Tokyo