Japan REIT bond market moves to recovery

08/23/2010 | Bloomberg Businessweek

New REIT bond sales in Japan are starting to recover after a two-year slump, according to Fitch Ratings. Sales of REIT bonds this year have reached $1.46 billion after a 12-month stretch in 2009 when none occurred. But for a full recovery, property prices need to rise, the rating agency says.

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