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COVID-19: Updated Assessment of Real Estate Investment Outlook in Japan

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Understanding the long-term effects on real estate markets in Japan

Following a more rapid and global spread of COVID-19, we have revised down our forecasts for Japanese property markets, and now assume a more extended recovery over the next nine months. Domestic consumption remains relatively firm, although disruption to global supply chains and cross-border trade of goods and services is dampening office leasing demand in affected industries.

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COVID-19: Updated Assessment of Real Estate Investment Outlook in Japan

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Katsuji Tokita

Managing Director | Major Project

Tokyo

Katsuji has represented over 250 Fortune 1000 firms in Japan as a principal and has 30 years of domestic and international real estate experience. Katsuji is recognized as one of the most influential and active office real estate advisors in the Japanese market. Katsuji has worked with clients in most industries including technology, medical and financial services. 

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