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

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

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

JUN ENDO, Nikkei staff writer

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.

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