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Tokyo property market poised to rebound, Chuo Mitsui chief says

Posted on 18 June 2009

From Bloomberg: Tokyo’s property market is poised to rebound as overseas investors seek bargains in Japan’s biggest cities, said Kazuo Tanabe, president of Chuo Mitsui Trust Holdings Inc.

“Foreign buyers are showing a lot of interest in acquiring Japanese property,” said Tanabe, 63, who has led Japan’s sixth- largest listed bank by assets for three years. “We are seeing more deals as prices bottom out, and investors think that it’s time to buy.”……..Full Article: Source


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