Support for Real Estate Transactions from Negative Interest Rates and Proactive Lending by Financial Institutions
First written in FY2016-Q3. 5 of 21 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2020: 2 of 9 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026-H1Investment demand continues despite rising interest ratesAnnual report
「Although the Bank of Japan's policy rate hike has had an impact, strong investment appetite is being driven by expectations of medium- to long-term rent increases exceeding the rise in interest rates, including tight rental demand caused by limited new office supply and the pass-through of higher prices into rents.」
While the policy rate hike has had an impact, tight rental demand and expectations of higher rents were described as supporting investment appetite. - FY2025Investment demand continues despite rising interest ratesAnnual report
「Although domestic interest rates are rising, changes in the real estate investment strategies of companies and investors, driven by higher rents and other factors, are increasing real estate transactions, and robust investment demand is expected to continue.」
Although domestic interest rates are rising, companies' and investors' strategies are changing amid higher rents and other factors, and robust investment demand was described as likely to continue. - FY2025-H1Investment appetite maintained despite higher interest ratesAnnual report
「The Bank of Japan's change in its policy interest rate in January this year raised long-term interest rates to around 1.5% for the first time in 16 years, prompting concerns that this would dampen investment appetite for domestic real estate. However, the impact of higher interest rates on the investment appetite of domestic and overseas investors was limited.」
While long-term interest rates rose to around 1.5%, the impact on the real estate investment appetite of domestic and overseas investors was described as limited. - FY2024-Q1Continued inflows of investment funds despite expectations of higher interest ratesAnnual report
「At the Bank of Japan's March 2024 Monetary Policy Meeting, it decided to end its negative interest rate policy. The short-term interest rate target was set at 0% to 0.1%, representing a gradual rise in interest rates, and the highly accommodative financial environment is expected to continue for the time being. Accordingly, we believe the impact on Japan's domestic real estate investment market will be limited.」
While the end of the negative interest rate policy and expectations of higher domestic interest rates were indicated, short-term interest rates remain at 0% to 0.1%, and the highly accommodative environment is expected to continue, with the market impact described as limited. - FY2023-Q2Preference for Japanese real estate driven by low interest rates and the weaker yenAnnual report
「Despite global banking concerns and uncertainty in financial markets, the ongoing preference for Japanese real estate, driven by the low interest rate environment and the weaker yen, is expected to continue, with transactions also expected to increase in the second half of fiscal 2023.」
While financial market uncertainty persists, Japanese real estate is being favored amid the low interest rate environment and the weaker yen, and conditions are indicated to support an increase in transactions. - FY2023-Q1Wait-and-see stance amid expectations of a change in monetary policyAnnual report
「While some investors are taking a wait-and-see stance in anticipation that the Bank of Japan will change its monetary policy in the near future, the investment appetite of many other domestic and overseas real estate investors remains strong, and real estate prices are currently holding at high levels.」
In addition to the traditional support provided by monetary easing and low interest rates, some investors were indicated to be taking a wait-and-see stance amid expectations of a change in the Bank of Japan's monetary policy. - FY2022-Q3Overseas investor interest driven by the weaker yenAnnual report
「Although investment volumes declined slightly, overseas investor interest in Japan's real estate market remains high, driven by the continuation of Japan's monetary easing policy and the weaker yen, and demand for investment in offices, logistics facilities and residences is expected to increase (according to a private research institution).」
In addition to the traditional market support provided by monetary easing, overseas investor interest driven by the weaker yen and expectations for investment demand were indicated. - FY2021-Q1Expectations for continued capital inflows from ongoing monetary easingAnnual report
「Capital inflows into the real estate market are expected to continue as monetary easing is maintained in various countries, and solid transactions are expected in 2021.」
The rationale that trading had traditionally been supported by low interest rates and monetary easing was reaffirmed in the form of continued monetary easing in various countries and inflows of funds into the real estate market. - FY2020-Q3Signs of a resumption in transactions amid low interest ratesAnnual report
「Although the impact of COVID-19 had caused a wait-and-see mood to spread among many investors, investment appetite remains strong against a backdrop of globally low interest rates, and real estate transactions are gradually resuming.」
The description has shifted from investors' wait-and-see stance and expectations of declining investment to strong investment appetite against a backdrop of low interest rates and a gradual resumption of real estate transactions. - FY2020-Q2Investors take a wait-and-see stance, with investment expected to declineAnnual report
「A wait-and-see mood has spread among many investors, and investment is expected to decline substantially from April onward. At the same time, there are also moves to resume investment after the situation subsides, requiring close monitoring of developments.」
While the wait-and-see stance among investors and expectations of declining investment contrast with the traditional factors supporting transactions, such as low interest rates, moves toward resuming investment after the situation subsides have also been reported. - FY2019-Q3Weakness in retail transactions alongside solid J-REIT acquisitionsAnnual report
「Although transactions targeting individual investors have remained weak due to stricter lending, property acquisitions by J-REITs and others have remained solid amid favorable financing conditions, and full-year 2019 transaction value is expected to be broadly unchanged from the previous year, according to a private-sector research institution.」
While weakness in transactions targeting individual investors due to stricter lending has continued, property acquisitions by J-REITs and others have remained solid. - FY2019-Q2Weakness in retail transactions alongside resilience in corporate transactionsAnnual report
「Some transactions targeting individual investors have remained weak following the stricter lending stance of financial institutions, while transactions targeting corporations, including institutional investors, have remained solid.」
Stricter lending by financial institutions has led to weaker transactions targeting individual investors, while transactions targeting corporations have remained solid. - FY2019-Q1A more cautious lending stanceAnnual report
「Financial institutions have adopted an increasingly cautious stance toward real estate lending against a backdrop of fraudulent lending issues and other factors, with some weakness also evident.」
While low interest rates and investor demand provide support, financial institutions have become more cautious about real estate lending against a backdrop of fraudulent lending issues and other factors. - FY2018Tightening of lending standardsAnnual report
「Following issues including fraudulent lending by some regional banks, banks have been moving to tighten their lending stance toward individuals investing in real estate without sufficient personal funds, although」
While favorable financing conditions support the market, banks have been explicitly shown to be applying greater selectivity and stricter standards to investment property loans for individuals. - FY2018-Q3Financial institutions become more selective in lendingAnnual report
「Meanwhile, in the real estate lending environment, financial institutions have been seen selecting borrowers in response to the impact of lending misconduct by some regional banks and concerns that the real estate market may be overpriced.」
While low interest rates and other factors support transactions, financial institutions have been reported to be becoming more selective in lending for real estate. - FY2018-Q2RestatedAnnual report
「As low-interest-rate financing conditions are expected to continue, domestic transaction value in full-year 2018 is expected to increase 5–10% year on year, supported by active investor transactions.」
Low-interest-rate financing conditions and active investor transactions were reaffirmed as factors supporting real estate transactions. - FY2018-Q1RestatedAnnual report
「With the Bank of Japan expected to maintain its monetary easing policy for the time being, investor demand for real estate investment is expected to remain strong.」
The outlook for continued monetary easing and strong investment demand were reaffirmed as factors supporting real estate transactions. - FY2017-Q2RestatedAnnual report
「Active transactions were conducted by J-REITs and private funds amid favorable financing conditions.」
Favorable financing conditions and active transactions by J-REITs and private funds were reaffirmed as factors supporting real estate transactions. - FY2017-Q1RestatedAnnual report
「Investors' appetite for property acquisitions remains strong amid favorable financing conditions, and transactions are expected to increase going forward.」
Favorable financing conditions and investors' appetite for property acquisitions are again cited as factors supporting real estate transactions. - FY2016RestatedAnnual report
「Although domestic and overseas investors have very strong investment appetites amid favorable financing conditions, transactions have declined due to reduced property supply and a reluctance, particularly among overseas investors, to engage in overpriced real estate transactions.」
Favorable financing conditions and strong investment appetite continue to be cited as factors supporting the real estate market. - FY2016-Q3First statedAnnual report
「However, lower borrowing rates following the introduction of negative interest rates and the proactive lending stance of financial institutions supported real estate transactions, and transactions are expected to expand going forward.」
Although factors are weighing on real estate transactions, lower borrowing rates resulting from negative interest rates and the lending stance of financial institutions were identified for the first time as supporting factors.