Sat, Jul 26, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Commercial property Watch, Fund Profile, Performance more

Goldman, foreign funds bet worst is past for Tokyo office market

Posted on 28 August 2012

The last time foreign funds jumped into the Japanese property market around 2006 they snapped up assets from office blocks to hotels, fuelled by highly leveraged bank loans. Then came the global financial crisis and many of them got burnt.
Their appetite is starting to return. In Tokyo’s posh Meguro neighborhood, the 14-storey Meguro Place Tower that went up in 2009 was never intended to be a landmark. But a fund partly owned by a unit of Aviva Plc, Britain’s second-largest insurer, saw something eye-catching in its concrete-and-glass — a buy………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031