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US pension giant plans to invest US$1b in Japan real estate

TIAA joins bandwagon of investors buying property there on expectations that Abenomics would boost economic growth
Friday, June 16, 2017 - 05:50

Tokyo

US pension giant TIAA is setting its sights on Japanese real estate, betting Abenomics has the economy well placed to grow in coming years.

The near 100-year-old firm, known for offering retirement products to teachers, plans to invest about US$1 billion in retail and

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