Japan real estate loses shine with foreign investors

Overseas investment falls to five-year low on interest rate worries

20240205N Fukuoka Hilton

Singapore's GIC is looking to sell the Hilton Fukuoka Sea Hawk hotel. (Photo by Masaru Shioyama)

TAIZO WADA, Nikkei staff writer

TOKYO -- Speculation of a Japanese interest rate hike is discouraging foreign funds and businesses from investing in the country's real estate, bringing the total to a five-year low in 2023.

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