in an attempt to stabilise its capital structure and allow for the reinstatement of distributions. The units are to be offered at $1.
increased, particularly in domestic demand led industries, it should be positive for office demand. Galileo Japan Trust, one of the oldest investment vehicles in the sector for entry by Australian investors, this week launched details of a recapitalisation program for its 21 properties in the country. Under the plan, Galileo proposes to raise $153 million through an institutional placement Vans Black Shoes For Girls
50 apiece and Galileo Funds Management will participate with a $5 million investment in the placement. Vans Era Pro
''Only the US exceeds Japan as the largest real est.
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also claimed the mayor logistics director, David Price, was making phone calls about the purported tape. Japan is emerging from the shadows of its regional neighbours with Tokyo winning Vans Gum Sole Maroon the right to host the 2020 Olympic Games and with positive government policies. It is the new game in town, according to investors, with growth forecast for office and retail rents, which should flow to improved investment opportunities. But with Japan's winning Summer Games bid and a better yen value to its trading partners, analysts have tipped a growth rate of about 4 per cent in yields in coming years. According to UBS research, the biggest boost is likely to come from the economic ripple effects that can be expected from hosting the Games.
The offer will happen on October 4, assuming shareholder approvals are received at the extraordinary general meeting on October 2. Galileo Funds Management chief operating officer Peter Murphy said with the Japanese government implementing a range of strategies to stimulate economic growth and inflation, improving real estate market fundamentals and with Tokyo winning the 2020 Olympic Games bid, the period ahead looked positive for Japan. One of its assets is the Nara 2 site, an 11 storey building with 33 car parks in Yokohama City, in the Kanagawa Prefecture.
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