The Real Estate Companies Association of Japan

PUBLICATION

REAL ESTATE in Japan

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

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