TOKYO -- For years, Japan Inc. resisted what many investors saw as a golden opportunity. Companies big and small sat on real estate worth billions of dollars more than they had paid for it, but were reluctant to sell unless economic necessity forced their hand.
Under pressure from investors, big landowners like hoteliers, railway operators and manufacturers are selling off real estate that is no longer central to their business. © Photo by Konosuke Urata
The Big Story
Japan Inc.'s 25 trillion yen opportunity: Cashing in on real estate
Railway operator Seibu sets example by putting big Tokyo complex up for sale
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