Article: BRIEFING - ASIA REAL ESTATE - NOV 9, 2009.

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 ...

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