6 days ago
- Business
- AU Financial Review
Salesforce tower deal struck as Japanese rush for real estate
Odakyu Electric Railway Co has bought a stake in Salesforce Tower, Sydney's tallest office building, the latest example in a $6 billion wave of investment that has re-established Japanese companies as major players in Australia's property market.
The return that has brought some of Japan's biggest corporate names into Australian real estate, ranging from investments in premium office towers, to greenfield housing estates, CBD build-to-rent apartment blocks and construction firms.
