| Hungry for yield and a safe haven amid Europe's woes, foreign investors are returning to an asset they once shunned: Tokyo property. Investors from Singapore state-investment firm Temasek Holdings Pte. Ltd. to Goldman Sachs Group Inc.are hoping Tokyo office rents, which have fallen for four years on the back of the global financial crisis, will rise as vacancy levels drop.
"We are positive about the Tokyo market," said Ian Hally, chief executive of Asia Pacific real estate at Aviva Investors, the fund unit of U.K. insurer Aviva PLC...............................................Full Article: Source
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