Fortress Investment Group and Nomura Real Estate Holdings Inc. are buying Japanese property as a record $9 billion of commercial buildings are set to be sold over the next three years to repay debt.
About $4.6 billion worth of properties will be offered by next year with the rest sold through 2014 as special servicers that oversee properties tied to defaulted loans sell buildings to repay lenders, according to Moody’s Investors Service.
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