Japan's 2015 commercial land prices increase for first time in 8 years
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JAPAN'S nationwide commercial land prices rose for the first time in eight years in 2015, driven by expectations that growing demand for hotel and retail spaces would boost property values, a government survey showed.
Prices rose 0.9 per cent last year after staying flat in 2014, according to the annual survey by the Ministry of Land, Infrastructure, Transport and Tourism.
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