30.01.2009 - Japan's REITs facing bankruptcy
From Upiasia.com: Financing real estate in Japan has become extremely difficult due to the global financial crisis, which is forcing real estate investment trusts into bankruptcy, as they are unable to refinance their maturing loans. The key to the survival of Japanese real estate investment trusts, or J-REITs, in 2009 lies in factors related to their ability to obtain financing. This includes their credit rating, the type of properties in their portfolio, and their relationship with major banks that are still actively lending..... Full Article: Source
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