Ascott's Tokyo Station area bet signals foreign investment in Japanese real estate.
Context
What happened: Ascott, a Singaporean serviced residence operator, is expanding properties around Tokyo Station, targeting foreign visitors to Japan seeking long- and short-term stays. It plans two more properties within walking distance of the hub.
Why it matters: Ascott Japan country general manager Christian R. Baudat sees the area near Tokyo Station as a key hub for both short- and long-term travelers to Japan.
What changed
Ascott, a Singaporean serviced residence operator, is expanding properties around Tokyo Station, targeting foreign visitors to Japan seeking long- and short-term stays. It plans two more properties within walking distance of the hub.