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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

Mitsui Fudosan Co's 26-floor office and retail complex that's coming up opposite the BOJ. Bank lending to the property sector rose 6.5 per cent to 67.7 trillion yen in the first quarter, the highest on record.


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...

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