Japanese equity prices hit a historic record last month. The Nikkei 225 benchmark finally surpassed the 1989 peak, reached during the country’s economic bubble era.
It is not just stocks hitting fresh highs, but local property prices too. That once boring, overlooked sector — written off by foreign investors as an unattractive investment for decades after Japan’s real estate bubble burst in the early 1990s — has even started attracting foreign activist interest.
Average prices for new apartments in Japan’s capital of Tokyo hit a record high last year, with the average price of new apartments surpassing ¥100mn ($665,000) for the first time. Over the past five years, prices are up nearly two-thirds.
您已阅读29%（706字），剩余71%（1763字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。