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Commercial property slumps in Japan

By Olivia Boyd and Olivia Boyd Olivia Boyd2008-10-15T12:06:00+01:00

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IPD index shows returns to end June are just 8.4%, with capital growth at only 3.3%

Japan's commercial property market has continued its downward slump, new figures out today show.

Returns for the year to the end of June showed a total return of 8.4%, down from 9.1% in May, according to the Investment Property Databank's Japan monthly indicator. Capital growth was just 3.3%, year-on-year.