Tuesday, December 14, 2010

Chinese go real estate shopping in Japan

So much liquidity it flows everywhere.

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.

No comments: