TOKYO -- Foreign investors sold 116.6 billion yen ($750 million) more in Japanese real estate investment trusts than they purchased in 2024, the largest sell-off by this group in nine years.
Markets
Global money exits Japanese REITs at fastest pace in 9 years
BOJ rate hike and weak yen drove $750m in net selling
The prospect of higher borrowing costs weighed on Japanese real estate investment trusts. (Photo by Mizuho Miyazaki)
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