• SHARE

Daiwa Securities Group Inc. is expanding its real estate investment trust business as low interest rates continue to drive investors into domestic property funds.

Japan’s second-biggest brokerage is preparing to start a new private-placement REIT and considering having existing trusts issue new shares to raise money for expansion, said Toshio Fukushima, president of its Daiwa Real Estate Asset Management Co. unit.

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.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW