WATCH: Did Japan learn its lessons from the GFC?

Robert Johnson, managing director for Asia-Pacific real estate at JPMorgan Global Alternatives, tells our sister publication, PERE, why Japan is in a healthier lending environment today than 10 years ago.

 


Japan was hit hard like many other countries during the global financial crisis. Many real estate deals in particular came under the scanner due to the excessive use of leverage.

But 10 years later, Japan is in a much healthier lending environment, with most of the borrowing being done from large well-capitalised domestic banks, according to Robert Johnson, managing director for Asia-Pacific real estate at JPMorgan Global Alternatives.