Forum Partners to drop Japan for China realty
With prices declining and banks unwilling to lend, the UK property specialist firm sees opportunities in second-tier mainland cities and argues Japan is not the safe haven many think.
Despite growing fears that a bubble is forming in China’s property market, Forum Partners, a $6 billion London-based real estate investment firm, is looking to allocate up to 60% of its $375 million Asian Realty Income Fund III in the segment.
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