Saburo Nishiura is using Japan’s record-low borrowing costs to turn the nation’s shrinking population to his advantage.
The 67-year-old former banker is the chief executive officer of Hulic Co., a developer with a concentration of commercial properties in Tokyo’s expensive Ginza district. But the company is cutting the weighting of offices in its portfolio in favor of nursing homes, shops and hotels amid a shift in demographics and after borrowing costs that have fallen by about one-third since Prime Minister Shinzo Abe came to power in 2012.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.