Singapore's CapitaLand charts Japan real estate buying spree
SINGAPORE -- Singapore-based real estate investment and management group CapitaLand Investment plans to more than double its Japan holdings in a bid to diversify away from China's troubled property market.
"We look to further expand Japanese investments toward lodging in the broad sense of the term, including serviced apartments and rented apartments," Hideto Yamada, CapitaLand's managing director for Japan, told Nikkei.