The big picture of what’s driving the commercial property is Abenomics. The three arrows of fiscal stimulus, monetary stimulus, and strategic regulatory reform all have the effect of increasing activity in the Tokyo property market. Fiscal stimulus trickles down to businesses having more money to spend; the focus on monetary inflation makes property a more attractive asset; and the development of a special economic zone in Greater Tokyo and Okinawa will lower corporate tax rates and labour protections, making the zone more attractive to corporates.