tokyo office buildings news

This article shows a increase for vacancy rates of 0.2% (to 3.4%) and a rental decrease of 0.3% for offices in Central Tokyo, and a 0.9% decline for new condos over the last year to January.

Whilst we would prefer a change in direction, it doesn't seem to be faring too bad in comparison.

I bought some more of these today at 23.5 cents with fingers and toes crossed. The dividend from my previous lots should arrive any day now. The yield is incredible. Lets hope they keep coming for years to come.

http://www.japaneconomynews.com/2009/02/18/notes-on-real-estate-office-vacancies-up-rents-down/