Exclusive-MUFG to launch $680 million Japan real estate fund
Real estate
TOKYO :Mitsubishi UFJ Financial Group plans to launch a 100 billion yen ($680 million) fund to invest in Japanese real estate, an executive at the country's largest banking group told Reuters. The new fund, reported by Reuters for the first time, is the latest in a run of Japanese property fund launches this year as real estate prices climb and the central bank looks to hike interest rates further from still ultra-low levels. "In a world with interest rates, investors' expectations of returns
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