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Japan Market Flash – Negative GDP Likely to be Temporary

By on Aug 19, 2015 in Research

Real GDP growth declined by 0.4% q-o-q (down 1.6% annualised) in Q2 2015, a figure in line with consensus forecasts. The contraction came after three consecutive quarters of growth and was mainly due to a fall in exports as well as a drop in private consumption. Corporate capex was also down, albeit marginally, by 0.3% q-o-q (annualised).

CBRE expects that the tight supply-demand balance in the office leasing market will continue. Positive data relating to corporate investment indicates that corporates remain in expansion mode on the back of continued growth in earnings. CBRE maintains its view that the Japan office market will remain tight, a trend that will drive further office rental growth in the coming quarters.

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Source : CBRE Global Research Gateway 18th August 2015

 

Nora has been in the Corporate Communications arena for a number of years. Nora's role is to communicate all newsworthy items that are of a PR nature.

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