It seems many overseas investors are confident in Tokyo real estate bouncing back. Recent articles about this includes these from Bloomberg Businessweek Japan’s Property Set to Recover as Prices Near Bottom, S&P Says and Japan Land Price Declines Slow on Increased Purchases (Update1).
French bank CLSA is said to be adding staff and will invest in some Tokyo properties.
What remains to be seen if this new enthusiasm in properties here will take a hit from all the development by the big boys, namely Mori Bldg, Sumitomo, Mitsui and Mitsubishi who continue to buy up old properties in order to clear big land plots to build new office buildings, residentials and mixed-used properties.
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