Deals
Owner of Islands Claimed by China to Talk Price With Tokyo
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Three uninhabited Islands at the center of a territorial rift between Japan and China are on the market. The seller: a 69-year-old property investor from the suburbs of Tokyo who may get up to $500 million for the property.
Kunioki Kurihara began talks with Tokyo Governor Shintaro Ishihara in December to sell his holdings in the Senkaku Islands to the Japanese capital, said Toshio Matsumura, a manager at Hishiya Kaikan Co., a real estate firm operated by Kurihara.