Japan real estate investment hits first-half record on Tokyo megadeals

Property

Low interest rates and expectations of higher rents bring in over $20bn

International investors nearly quadrupled investment in Japan’s real estate market in the first half. (Photo by Tomoki Mera)

MOE SAITO

September 10, 2025 02:01 JST

TOKYO — Japanese real estate investment exceeded 3 trillion yen ($20.4 billion) for the first time ever in a first half, driven by brisk sales of Tokyo office space.