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Canada Goose Jackets Private canada goose uk shop capital targets Tokyo property post

canada goose clearance sale HONG KONG, Nov 24 (Reuters) Private property investment companies from outside Japan say Tokyo is one of their top targets for the next 12 months, with cheap canada goose uk the most active players set to invest close to $1 billion.

canada goose deals Tokyo property market has made a surprisingly rapid recovery from the shock of the quake induced canada goose clearance disasters in March. Although the market has been a perennial laggard in recent years, it now looks set to provide stable growth as other markets slip, investors say.

canada goose coats top thing on canada goose uk outlet everybody mind is Tokyo, said Tom buy canada goose jacket cheap Mills, chief executive for Japan at private equity property fund manager MGPA. Canada Goose Coats On Sale that because of weakness elsewhere, that fine.

The company has $250 million to invest in Tokyo and says it is poised to put uk canada goose that to work through the end of 2012.

Canada Goose online are seeing more canadian goose jacket deal flow, and we optimistic we can get buy canada goose jacket a fair number of deals done canada goose relatively soon, Mills said.

buy canada goose jacket cheap MGPA is not Canada Goose Outlet alone. LaSalle Investment Management, GE Capital, Deutsche Bank AG backed RREEF and CBRE Global Investors all canada goose factory sale say they are actively looking to invest fresh capital into Japan. Fortress Investment Group LLC, Aetos Capital and Blackstone have in recent years set up offices to look at deals in Japan, and KKR Co LP and TPG are also expected to be active in the market.

canadian goose jacket Opportunistic investors started sniffing around Tokyo property market soon after the March earthquake and subsequent Fukushima nuclear disaster, but they were frustrated by a lack Canada Goose Parka of sellers. Starwood Capital even closed its Japan office.

Now buyers are Canada Goose Online being more realistic about their expectations, market watchers say, and sellers are beginning to open up. The canada goose coats number of deals coming to cheap Canada Goose market is also improving, with banks getting more aggressive on loans and some portfolios of properties being shopped around.

Canada Goose sale Given intense competition from listed Japanese real estate investment trusts for quality buildings, it is not easy for overseas players to find good deals. But risk averse core investors and riskier opportunistic players could be set to close deals now they are more realistic about what they Canada Goose online pay.

need to control the expectations of investors, said Koichiro Obu, head of research for Japan and Korea at RREEF, the canada goose store property investment arm of Deutsche Bank. are looking for distressed assets, yes, but they are not easy canada goose clearance sale to find. If you want to buy an asset at a fire sale price, that not going to happen.

For long term core investors looking to buy stable holdings with good tenants, the numbers look good. With property borrowing costs at 1 to 2 percent, and Tokyo real estate yields at 4 to 6 percent, the profit margin on real estate is one of the widest in the developed world.

canada goose DRY POWDER RREEF says it expects to invest between $100 Canada Goose sale million and $300 million in Japan next year, making two to three large acquisitions for its clients, mainly pension funds and large European property funds.

canada goose coats on sale like Japan very much, Niel Thassim, head of Asia Pacific for RREEF Canada Goose Jackets real estate, said in an interview with Reuters. a canada goose black friday sale really interesting series of opportunities over the next uk canada goose online canada goose outlet 12 to 24 months.

canada goose black friday sale Tokyo is one of the few Asian markets that has not seen much recovery from the global financial crisis. Office rents may be set to turn after falling for 3 1/2 years.

of the most interesting times to invest in places like Tokyo is in the 12 months leading up to that trough, Thassim said. you reached that trough, you do see a wall of capital coming from overseas.

GE Capital Real Estate plans to launch an office property fund to invest in Japan in 2012, according to Francois Trausch, its chief executive in Asia.

canada goose store working on an office strategy, Trausch said, declining to discuss details of the fund. see a fair amount of demand from foreign investors in office.

canada goose clearance GE Capital Real Estate, the property investment arm of General Electric Co, this year set up a joint venture with Aberdeen Asset Management Plc to invest $400 million in Tokyo apartments. GE Capital already has a portfolio of 10,000 canada goose uk black friday apartments in Japan.

cheap Canada Goose Richard Price, Asia chief executive of CBRE Global Investors, identifies Tokyo as one of the company top prospects as it looks to double its $5 billion Asian property portfolio. Japan accounts for the largest chunk $2 billion of its Asian property holdings.

buy canada goose jacket seeing quite strong interest in our Japan exposure, Price said, with conservative investors being drawn by secure rental yields.

Japan looks interesting again for income focused investors, he added.

Canada Goose Outlet More adventurous plays are attracting private equity investors. Opportunistic investors believe they can profit from redesigning and repositioning older buildings. Government figures show 35 percent of buildings in Tokyo were built before earthquake standards were improved in 1981.

Price said CBRE would likely invest $150 million to $300 canada goose coats on sale million in equity in Japan during 2012. The company is newly active in Asia after 18 dormant months as CBRE took over the bulk of ING property investment business.

impact of the earthquake has made a lot of older stock obsolete, and is causing a real flight to quality, Price said. think there is opportunity in Japan.

Mills said the busiest time for deals in Japan was normally the three months ahead of the end of the fiscal year in March, adding that MGPA could be involved in as many as 10 deals next year.

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