30.11.2012 - Japan's property market comes back to life
More than 4 million people flocked to DiverCity in its first two months. The complex’s developer, Mitsui Fudosan, expects 25 million visitors a year, the same number that went to Tokyo Disneyland and DisneySea combined last year. Successes like DiverCity are giving investors confidence that the post-financial-crisis slump in Japanese real estate is turning around. “The recovery trend in land prices has become clearer,” Mitsui Fudosan President Masanobu Komoda told reporters in September...............................................Full Article: Source
Print