The illiquid Land of the Rising Sun
Article Abstract:
Japanese industries are finding it difficult to revive their failing businesses because of the country's highly concentrated wealth in land. A large portion of the huge wealth of Japan are trapped in the land on which their buildings stand. Japan's Economic Planning Agency estimates that the value of land owned by Japanese companies amount to approximately 46% of the value of fixed assets. The companies which own the land on which their facilities are located but are not in the real estate business put a low priority on the efficient use of land.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
REITs savor property slump: sector's falling prices offer opportunity
Article Abstract:
Real estate-investment trusts (REITs) are emerging as a new type of investment vehicle in Asia in response to the falling property prices in the region. These special-purpose trusts are well-established in the US and Australia, but are only beginning to spread in much of Asia. Investment advisers recommend REITs because they offer a good opportunity to gain exposure to the property market in addition to high yields and good dividends.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Developers jostle to unload property. Asia gets greater weighting
- Abstracts: Htoo good to be true? Paradise for crooks: secretive islands provide a safe stop for laundered money
- Abstracts: The new metabolism diet. The secret life of your body. Be healthy, energized and slim!
- Abstracts: Deals with a history. In strictest confidence. The news statesmen
- Abstracts: Game on in the software sector. Maizels joins MeritaNordbanken Group