SINGAPORE -- Singapore-based real estate investment and management group CapitaLand Investment plans to more than double its Japan holdings in a bid to diversify away from China's troubled property market.
"This is the type of the property that we are keen to explore more. It comes under what CapitaLand Investment calls the 'lodging sector,' which includes rental apartments, hotels, serviced apartments, and so-called co-living properties, which lyf stands for," Hideto Yamada CapitaLand's managing director for Japan, told Nikkei.
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