REITs Seen Doubling Down as Bond Spreads Narrow: Japan Credi

REITs Seen Doubling Down as Bond Spreads Narrow: Japan Credi

Tomohiro Ohsumi/Bloomberg

Residential buildings in Tokyo. Japan’s real estate investment trusts may double property purchases in the next fiscal year to 1 trillion yen ($12 billion) by boosting bond sales amid the lowest borrowing costs in three years, Credit Suisse said.