US pension giant TIAA plans $1b investment in Japan real estate

TIAA plans to invest $1b in Japan realty
Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan. Photographer: Kiyoshi Ota/Bloomberg

U.S. pension giant TIAA is setting its sights on Japanese real estate, betting Abenomics has the economy well placed to grow in coming years.

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