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Japan real estate lures Hong Kong, Singapore buyers with weak yen

Gaw Capital and GIC join fray of foreign bidders in residential, commercial property

Buildings in areas like downtown Tokyo offer foreign investors the prospect of consistent returns. (Photo by Mizuho Miyazaki)

TOKYO -- A weak yen has brought out the bargain hunters in Japan's real estate market, with foreign institutional investors mobilizing billions of dollars for property deals.

Hong Kong's Gaw Capital Partners in May announced the acquisition of 32 rental apartment properties in Tokyo, Osaka and elsewhere.

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