Japan REITs clouded by uncertainty over post-Kuroda BOJ

Prospect of central bank pivoting from ultra-easy stance spooks foreign investors

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Investors are starting to doubt if the BOJ can sustain its ultraloose policy.  © Reuters

YOSHIKAZU IMAHORI, Nikkei staff writer

TOKYO -- Foreign investors are starting to shun Japanese real estate investment trusts, bracing for a change in the ultraloose monetary policy that has underpinned the market as Bank of Japan Gov. Haruhiko Kuroda nears the end of his term in April.

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