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Japan hotels draw foreign investors at scale unseen in years

Foreign investors are discovering a new target for their real estate asset purchases in Japan. Overseas buyers were responsible for 47% of the 494.3 billion yen ($3.7 billion) invested in hotel deals that closed in the past 12 months — the highest proportion since 2014, according to data at the end of March from research firm MSCI Real Assets. The tourism rebound, low interest rates and the weak yen are fueling interest.

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