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Japan office market faces foreign sell-off amid rising rates

Summary by Ground News
International investors who had driven Japan's office building market are on track to become net sellers for the first time in four years in 2023. Falling rents and rising interest rates dim its appeal. Foreign investors' sales of Japanese real estate more than doubled on the year to 1.05 trillion yen ($7.1 billion)
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Nikkei broke the news in Japan on Wednesday, November 29, 2023.
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