You are here

Crowdfunded Tokyo condos appeal with 5% yield

Tokyo

TOKYO'S crowdfunded condominiums are luring individuals with the promise of a 5 per cent yield in a land of benchmark interest rates near zero out to five years.

Tatsushi Iwano, a former fund manager at Goldman Sachs Group Inc in Tokyo and Rockpoint Group LLC, is aiming to...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes