Tokyo 2020 Olympics Gold or Silver for Commercial Real Estate

The full report

Prime Minister Abe’s bold reforms picked up pace as the so called ‘third arrow’ growth strategy received the Japanese cabinet’s endorsement. Japan’s economic revival remains on track as companies are expanding aggressively, spearheaded by its automotive and electronic industries, both of which invest substantially in technology and factories.

More relevant to real estate markets, the successful bid to host the 2020 Summer Olympic Games are spurring infrastructure projects. These include the Loop 2 (Kanjo 2 Road) project due in 2016, Tokyo’s new East-West axis which connects Tokyo Bay Zone (East) with the city center (West), and the Ueno-Tokyo Line – due in 2015 – which enhances connectivity along the city’s north-south axis running through Tokyo Metropolitan.