Goldman Sachs Says To Accelerate Alternate Investments In Japan
Goldman Sachs Group will double its annual property investments in Japan to about 250 billion yen ($2.3 billion) as the U.S. investment bank aims to tap solid demand for logistics hubs and data centres, a person familiar with the matter said.
Goldman Sachs, which currently spends 100 billion to 150 billion yen a year in such investments, will take advantage of low interest rates to expand its presence in the relatively stable Japanese property market, according to the source.
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