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.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

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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