Japanese investment in existing overseas properties registered US$ 2.7 billion in 2017, a decline of 9.1% y-o-y. Nevertheless, transaction volume was still the third highest since 2011.

According to a CBRE Research survey of Japanese investors conducted in April 2018, 74% of respondents who said they planned to invest in overseas real estate in 2018, responded that they expected their transaction volume to be "higher than last year." Among preferred destinations for investment, the U.S. was the most popular with 70% of respondents selecting this option. The U.S. was followed by the UK and Vietnam in joint second with 26%.