16.06.2009 - Japan's real-estate shares aren't so real
From WSJ: The recent surge in Japanese real-estate stocks is, well, unreal. Yes, there are some encouraging signs in the sector. The pace of rise in office vacancies is slowing, condominium sales are improving, and more money is coming into Japan's property sector because there's more global liquidity. Plus, the Japanese government has announced support steps, including financial support for real-estate investment trusts, and tax breaks on home sales.......Full Article (Subscription Required): Source
Print