TOKYO -- Goldman Sachs will increase its property investments in Japan to about 250 billion yen ($2.28 billion) a year from the current range of 100 billion to 150 billion yen, with a focus on logistics hubs, data centers and other facilities that enjoy growing demand.
Utilization and occupancy rates for Japanese logistics hubs and rental condominiums have held steady even in the pandemic. This, coupled with its relatively low interest rates, makes the country an appealing destination for international investors.