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Japan's property revival right at BOJ doorstep

Real estate lending gathers pace after the central bank's introduction of negative interest rates in January

Published Wed, Aug 10, 2016 · 09:50 PM

    Tokyo

    ANYONE visiting the Bank of Japan (BOJ) these days cannot miss the construction site across the street that takes up a whole city block, part of a renaissance in real estate development that is sweeping the country.

    Offices, apartments and hotels are popping up in major cities across Japan as the BOJ's quantitative easing and negative interest rates push bank lending to real estate developers to an all-time high.

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