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BOJ faces decision over property trusts

Central bank needs to decide whether to dive deeper into J-Reits; its purchases of shares has helped to revive this key market

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The BOJ noted some "overheating" in the real estate market in its Financial System Report in April, while Mr Kuroda (above) said on May 22 that he hadn't seen any "excessively bullish expectations in Japan's asset markets".

Tokyo

THE Bank of Japan's (BOJ) purchases of shares in real estate investment trusts (Reits) has buoyed this key market, helping breathe life back into the nation's moribund property industry.

Without a shift in policy, this could begin to change as the central bank runs out of

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