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Article: BRIEFING - ASIA REAL ESTATE - NOV 9, 2009.
- Article from:
- AsiaPulse News
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on real estate for Nov 9, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
3 OF 5 BIG JAPAN PROPERTY FIRMS SEE LOWER SALES FOR FY09
TOKYO - Of the nation's five top real estate companies, Mitsui Fudosan Co. (TSE:8801), Tokyu Land Corp. (TSE:8815) and Nomura Real Estate Holdings Inc. (TSE:3231) are bracing for a sales drop in the year ending March 2010.
Tokyu Land, which announced its earnings for the April-September fiscal half Friday, raised its full-year outlook for sales to 550 billion yen (US$6.1 billion), a ...