Foreign investors buy Y4 tril worth of real estate in Japan (updated)

Kyodo reports that foreign investors' acquisitions of real estate in Japan over the past several years are estimated at between 3 trillion and 4 trillion yen.

More detail : 90% of the properties bought by foreign investors are in the Tokyo area, but recently they have started buying in other cities with recovering local economies such as Nagoya and Fukuoka.From 2001 to the end of 2004, foreign investors spent 300 billion yen on hotels, residential properties, and retail facilities.

Full Story - Japan Real Estate News: Foreign investors buy Y4 tril worth of real estate in Japan
Kyodo: Foreign investors buy Y4 tril worth of real estate in Japan (update)

Japan Real Estate / Property Investment Blog