kyoto

Tokyo’s Retail Real Estate Trends Q1 2024: Opportunities for Foreign Investors

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Summary of CBRE Japan Retail MarketView Q1 2024

Who is CBRE?

CBRE Group, Inc. (Coldwell Banker Richard Ellis) is a global commercial real estate services and investment firm headquartered in Los Angeles, California.

With operations in over 100 countries, CBRE is the world’s largest commercial real estate services and investment firm, offering a broad range of services,

including property sales, leasing, management, valuation, and advisory. Renowned for its extensive market research and industry insights,

CBRE provides valuable data and analysis to help investors, property owners, and tenants make informed decisions in the real estate market.

 

Overview

The CBRE Japan Retail MarketView (commercial properties) for Q1 2024 provides a comprehensive analysis of the retail real estate market across various key high street areas in Japan.

The report highlights trends in vacancy rates, average rents, and sector-specific demand, focusing on both Tokyo and regional cities.

Understanding Tsubo

In the Japanese real estate market, “tsubo” is a common unit of measurement for area. One tsubo is approximately 3.3 square meters or 35.6 square feet.

This unit is often used when discussing property sizes and rental rates in Japan, especially in the context of commercial and retail spaces.

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Unearth an Exclusive Treasure in Kyoto: Exceptional Property Now Available!

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Unearth an Exclusive Treasure in Kyoto: Exceptional Property Now Available!

 

Kyoto: The Ancient Capital with Modern Allure

 

Welcome to Kyoto, a city that harmoniously blends centuries-old traditions

with the dynamic pulse of modern life.

Once the capital of Japan for over a millennium, Kyoto is steeped in history

and rich cultural heritage,

offering a unique tapestry of experiences for its visitors and residents alike.

 

Kyoto is renowned for its historical landmarks,

including 17 UNESCO World Heritage Sites, traditional tea houses,

and stunning temples and shrines that dot the cityscape.

Its architectural grandeur, which spans the Heian to Edo periods,

and serene gardens are a testament to Japan’s enduring craftsmanship

and aesthetic sensibility.

 

Beyond its historic charm, Kyoto is also a vibrant, contemporary city.

It is home to leading universities, cutting-edge technology companies,

and a burgeoning startup scene. Kyoto’s culinary landscape is equally impressive,

boasting everything from Michelin-starred restaurants to comforting ramen stalls.

 

The city’s well-developed public transport system, featuring both subway and bus networks,

ensures that all of Kyoto’s attractions are within easy reach.

Whether you’re exploring the iconic Arashiyama Bamboo Grove,

wandering the historic streets of Gion, or engaging with the latest innovations

in the city’s tech hubs, Kyoto offers an enriching lifestyle that few cities can match.

 

Now, we’re thrilled to present a unique opportunity to own a piece of this extraordinary city.

A rare and exclusive property has come onto the market,

 

nestled in the heart of Kyoto, waiting for you to call it home. Read on for more details.

 

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