Brief | Creating Resilience

Japan’s High Street Retail Landlords Remain Upbeat as Diversifying Inbound Tourism Market Propels Storefront Sales

March 6, 2026 5 Minute Read

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Landlords of high street retail properties in Japan maintain a generally positive outlook toward tenant storefront sales, according to CBRE’s latest survey. This view is underpinned by an inbound tourism market that has transitioned to a more diverse structure that is less reliant on specific markets or nationalities, ensuring that inbound consumption continues to expand despite a decline in visitors from China.