Chinese Property Investors Go Shopping in Japan
Asian firms and individuals have made 18 real-estate acquisitions in Japan this year, valued at $372 million, up from eight last year, according to Dealogic. That compares with U.S. buyers' three deals totaling $6 million and European buyers' one deal, Dealogic reports. (These numbers exclude deals involving private companies and funds.)
Given that China has a brand new shiny 5x5 cubicle of office space for every man, woman, and child, you'd think they'd have plenty of their own buildings to play with.