People in face masks visit Sensoji temple in Tokyo on June 28, 2020. The coronavirus outbreak has pushed japan’s economy towards recession. Photo: AFP

Institutional investors hunt for Japanese property bargains as coronavirus tips the country into economic recession

  • Sentiment in Japan’s real estate sector remains positive, with investors hoping bargains will emerge as hoteliers and other owners sell off cheap to raise much-needed cash
  • There is, however, a mismatch between the expectations of bargain hunters and the relatively small number of forced sellers actually in the market, says CBRE
Topic |   International Property
People in face masks visit Sensoji temple in Tokyo on June 28, 2020. The coronavirus outbreak has pushed japan’s economy towards recession. Photo: AFP
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