Japan's REITs A Bright Spot in The Market
GLP J-REIT’s strong debut on the Tokyo Stock Exchange underscored how REITs are becoming a bright spot on Japan’s stock market, bolstered by a recovery in commercial rental and property prices and improving supply & demand conditions.
The $1.3 billion offering by GLP is the biggest REIT IPO in Japan in dollar terms since the market was created in 2001.
You may access the full article at the following link: https://www.wsj.com/articles/SB10001424127887324461604578193003918634938GLP Yachiyo, Greater Tokyo, Japan