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Japan property firms get 50-year long-term loans

Banks with trouble getting borrowers find real estate sector attractive because there is collateral

Tokyo

LOADSTAR Capital KK, a Tokyo-based real estate investment firm, asked for a long-term loan to buy an office building. It was not expecting to get money for 50 years.

"We had thought a 30-year loan would be about the limit, but negative rates have changed things for banks,"