Hank Greenberg, Abu Dhabi fund, others to buy Tokyo building for $1 bln -sources | Reuters:
"A group including former U.S. insurance magnate Maurice "Hank" Greenberg and an Abu Dhabi sovereign fund have agreed to buy a prominent Tokyo office building for $1 billion, the biggest property deal in Japan since February, people with direct knowledge of the transaction said.
The decision by the foreign and Japanese investors to acquire the ageing but distinctive structure in central Tokyo highlights expectations that real estate values will revive as Prime Minister Shinzo Abe's pro-growth economic policies boost investor sentiment and risk appetite.
It will be Japan's biggest property investment including foreign investors since the 2008-09 global financial crisis."
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