INTRODUCTION
The real estate industry plays a major role in the creation and development of living and urban environments such as housing and office buildings, which are the foundation of residents’ lives and corporate activities. It supports Japan’s economic growth through the supply of high-quality houses and condominiums, the revitalization of cities and regions, the development, management, and operation of office buildings and commercial facilities, real estate securitization, and other business.
According to the Annual Report on National Accounts, the real estate industry represents over 10% of Japan’s gross domestic product (GDP), indicating that it occupies a vital position within Japan’s economy.
- OVERVIEW OF MAJOR REAL ESTATE SECTORS
- Office Building (Urban Redevelopment)
- Housing
- Resorts/Hotels, Commercial Facilities and Logistics Facilities
- Real Estate Securitization
- Internationalization
- Environment/Energy, Disaster Preparedness and Area Management
- REAL ESTATE-RELATED DATA
- POLITICAL, SOCIAL AND ECONOMIC EVENTS; REAL ESTATE-RELATED POLICY (Timeline)
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Real Estate in Japan (PDF:2.09MB)