Fortress Said to Target $1 Billion for Japan Property Fund

Fortress Said to Target $1 Billion for Japan Property Fund

Tomohiro Ohsumi/Bloomberg

The capitalization rate measuring investment yield for Japanese office buildings worth more than $10 million has declined to 5.57 percent in the first three months this year, down from an average of 5.74 percent in the past 12 months, according to Real Capital Analytics Inc.