ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Japan's commercial land prices see first gain in 9 years

Japan's regional hub cities, such as Fukuoka, saw solid growth in land prices.

TOKYO -- Commercial land prices in Japan saw an annual increase for the first time in nine years, with cities outside the "big three" of Tokyo, Osaka and Nagoya leading the way as negative interest rates pushed yield-seeking investors into real estate.

The average market price of commercial real estate climbed 0.005% as of July 1, according to an annual report released Tuesday by the Ministry of Land, Infrastructure, Transport and Tourism.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more