Tokyo’s real estate market is booming, with foreign investors pouring billions into the city’s skyscrapers and luxury apartments. The Mori JP Tower, one of the tallest and newest buildings in Japan, showcases Sika’s concrete mixes and composite solutions. Despite rising construction costs and increasing demand from foreigners, record prices for condominiums in central Tokyo are putting a strain on average Japanese earners. However, the boom is expected to continue in the coming years as more people flock to Tokyo, especially wealthy Asians. As a result, high-rise living with amenities like schools, hospitals, and restaurants becomes more appealing. Sika stands to benefit from the ongoing development projects in Japan, further solidifying its presence in the market.
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