Asia’s single-family offices are bullish on Japanese real estate, lured by yen weakness, resurgent tourism and the opportunity to pick up properties in attractive off-market deals, industry experts say.
Private banks have reported strong client interest in the country, both through funds and direct investments.
‘We recently raised quite a considerable amount of capital for a private equity fund that is real estate focused, the majority of it in Japan,’ Jonathan Gan, Citi Private Bank’s head of global family office South Asia told Citywire Asia.
