Japan Real Estate Boom: US REIT
investment in Japan
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Seeking to take advantage of
the Japan real estate boom and their long experience of investing in
Real Estate, US REIT are investing in Japan. They can take advantage of
high retrns on certain class of assets like shopping mall which can
return as much as 20% against less than 15% in the US. Other attractive
investment are logistics facilities. Overseas investors are also
interested in upscale rental condominium in Tokyo. |
Major US REIT Players and size
(Estimate June 2004)
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Prologis
(Logistics center)
AMB
(Logistics center)
Chelsea
(retail mall)
CB Richard
Ellis
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100 BY
50 BY
20 BY |