Ultralow bond yields drive Japan's insurers back to real estate

Industry's property holdings set to grow for first time in four years

20190329 Tokyo's Toranomon area (Photo by Kosaku Mimura)

Tokyo's Toranomon area. Dai-ichi Life Insurance has invested in one of the neighborhoods big redevelopment projects. (Photo by Kosaku Mimura)

SHUNSUKE USHIGOME, Nikkei staff writer

TOKYO -- Japanese life insurance companies' real estate portfolios are set to grow for the first time in four years despite concerns of an overheating property market, spurred by a need for higher yields.

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