We have deep expertise in the real estate sector, collaborating with construction and real estate companies focused on the sale of properties and/or development land, making Tokyo the world’s number one metropolis for commercial real estate.
We assist our clients in property transactions across Japan, particularly in Tokyo, providing support in drafting and negotiating key contracts (property management or service agreements, and lease agreements) across various market segments, including residential, office, commercial, hotels, shopping centers, and other types.
According to CBRE, Tokyo leads as the single largest real estate market globally, with $711 billion in investable real estate assets, followed by New York ($657 billion) and Los Angeles ($482 billion). The top 10 cities collectively account for approximately $4.0 trillion—15% of globally investable real estate assets.
In Italy, global yield-seeking and prolonged low-interest-rate conditions have continued to stimulate the real estate market. In 2017, Milan solidified its position as the most profitable Italian market, with €4.2 billion invested.
The average price for new apartments in Tokyo reached a record ¥62.6 million (approximately €500,000), according to a study by the Real Estate Economic Institute. This milestone reflects a decade-long trend of rising apartment prices since 2012, driven by factors such as Shinzo Abe’s economic policies, the pandemic, and a shortage of land and labor. This surge in new condominium prices also impacts the existing apartment market, exacerbating regional and social disparities in Japan.
