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Japan has emerged as one of the top three commercial real estate markets in the world, as a result of structural economic reforms, monetary expansion and flexible fiscal policy.1
Combined with a progressively aging population and a low fertility rate, demand for senior homes across key regional cities in Japan has steadily increased. We anticipate that this trend will continue in the next few decades.
Key Highlights
- The persistent demand-supply gap in senior housing and growing number of elderly couples without dependants
- Wide yield spread and a window of opportunity to extract value
- An outline of senior housing types and services
- Rapid increase in an affluent senior population in key regional capital cities
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1 MSCI 2025