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Hong Kong investors drawn to Japanese property as shops in prime areas sell for discounts of up to 30 per cent


Hong Kong investors are willing to take a risk on Japanese property even as the Covid-19 outbreak and postponement of the Tokyo Olympics dampens economic sentiment in the world’s third largest economy.Shop prices in prime locations in Tokyo and Osaka that had held firm for more than a decade, have fallen by nearly 30 per cent, drawing the attention of investors like Polly Lo.“I just started investing in Japan about two years ago,” said Lo, who owns a portfolio of shops, hotel rooms and flats in…

Source : South China Morning Post
Read more…Hong Kong investors drawn to Japanese property as shops in prime areas sell for discounts of up to 30 per cent

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