Japan retail property sector leads market as lockdowns ease

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Japanese real estate funds and developers focusing on the retail sector are leading a stock market rally as investors bet the cheaply valued sector will outperform as consumer spending recovers from the coronavirus pandemic.

FILE PHOTO: A passerby wearing a protective face mask stands in front of an electronic board showing Japan's Nikkei average outside a brokerage, amid the coronavirus disease outbreak, in Tokyo, Japan September 17, 2020.

Issei Katorise nearly 9% since August. Foreign buying of properties such as shopping complexes and mixed developments with shopping and restaurants has also picked up, helping to drive the recovery.

 

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Their economy never shut down. VoteBlue2020 because Trump & his CorruptGOP have betrayed Americans.

NO LOCKDOWNS. NO MASKS. Scientist blame UK’s Covid spike on lockdown strategy.

WIll it open for good ?

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