Olympics 2020 could be a “Spotlight” for the Tokyo property market
August 03, 2021 - Tokyo
The Japan Times reported that investors suggest carrying it on hosting the Tokyo Olympics, as it is helping fuel expectations for Japan’s real estate investment trusts (J-REITs), despite the increasing pace of Japan’s COVID-19 vaccination. The Olympics’ global TV audience provides an opportunity for Tokyo’s real estate to showcase its wares to the world.
While foreigners won’t be attending the games, the global TV audience is estimated at more than 3 billion viewers. This offers a golden opportunity for Tokyo’s booming real estate sector to show to the world.
The Tokyo Stock Exchange REIT Index has been experiencing a positive outlook.
Source: asiaproperty awards
property market, Tokyo Olympics 2020