Japan land values rise beyond big cities on flood of overseas money

Areas experiencing tourism, investment and redevelopment booms receive lifts

20230919N Fukuoka

Commercial real estate prices are up in the city of Fukuoka, where there are several redevelopment projects. (Photo obtained by Nikkei)

SATSUKI KANEKO, Nikkei staff writer

TOKYO -- Japan's rising real estate values are spilling over its three major metropolitan areas -- Tokyo, Osaka and Nagoya -- where the upturn began, according to a survey by released Tuesday by the land ministry, as foreign money continues to pour into the market.

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