Japan's real estate market is attracting global investors

09/10/2010 | Reuters

Japan's real estate market is attracting investors from around the world, with $2 billion in deals negotiated this year and more in the pipeline. Hotels, offices in Tokyo and residential communities in Tokyo are the main targets, according to Alistair Meadows, Asia Pacific director for InternationalCapital Group at Jones Lang LaSalle. Many are interested in the distressed opportunities available there as well such as Franklin Templeton and Blackstone Group, which plans to buy Morgan Stanley's local loans.

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