Bank of Japan Buying Spree Inflates World’s Priciest REITs

  • J-REITs are most expensive with 62% premium to value
  • Prices of J-REITs have room to gain further: fund manager

BOJ Buying Spree Inflates Japan REITs

Japan’s real estate investment trusts have soared in value to become the priciest in the world. More purchases by one of the biggest investors in the landlord business -- the Bank of Japan -- may help propel prices even higher.

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