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Can’t sell the TV?…sell the office: Japan Inc fires up property market

Posted on 01 March 2013

Japanese blue-chip firms, from electronics giants to brewers, are selling prime real estate to shore up battered balance sheets, stoking a resurgent property market. Some are moving into new offices to take advantage of relatively low rents.
Big downtown office buildings are coming up for sale as Tokyo’s property market regains growth momentum for the first time in almost five years, with plenty of interest among buyers, particularly Japan’s public real estate trusts, experts said………………………………………..Full Article: Source


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