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Real estate pain looms as uncertainty plagues Japan

Posted on 13 June 2011

Japan’s earthquake and the resulting tsunami are likely to hit office and luxury retail rents in Tokyo, but the long-term impact on the country’s industrial sector remains uncertain, according to CB Richard Ellis.

In a preliminary assessment of the quake’s impact on Japan’s real estate markets, CBRE found that demand in the industrial market could temporarily lift, but the long-term effects on industrial rents were still unclear………………………………………Full Article: Source


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