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US rental homes: Daiwa House to invest 150b yen

Firm will develop leasing properties in Texas as Japan's population shrinks
Tuesday, March 4, 2014 - 06:00

[TOKYO] Daiwa House Industry Co, Japan's biggest homebuilder by market value, plans to invest 150 billion yen (S$1.9 billion) in US rental housing, three times more than it had aimed to allocate to overseas investments, to boost revenue.Daiwa House will acquire and develop leasing properties in

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