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Sony turning to property for growth

It has tied up with Yahoo on a website that will match buyers and sellers

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It expects the property business to complement its existing financial arm because real estate transactions can't be done without loans, insurance and financial consulting services it already offers.

Tokyo

SONY Corp is turning to real estate for growth after the success of its financial unit, which had the biggest profit among the company's businesses last fiscal year.

Sony has tied up with Yahoo Japan Corp to introduce a website by the end of the year that will match property

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