ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Politics

Philippines' plan to sell its Japanese real estate hits a wall

Premium properties seen as 'symbol of Filipino blood' from World War II

This property, located in Shibuya, Tokyo, was handed over to the Philippines after World War II as part of a war reparations package.

MANILA -- Government leaders in the Philippines are speaking out against a plan to sell several properties that the country owns in Japan.

The issue came to light in August when Foreign Secretary Teodoro Locsin Jr. suddenly tweeted his opposition to a "plot" that had recently resurfaced to sell the real estate.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more