U.S. real estate companies said on Monday they were trying to assess the damage that last week’s earthquake and tsunami may have inflicted on the hotels, warehouses and outlet centers they own in Japan.
The companies, including four real estate investment trusts (REITs), are expected to incur some property damage from the disaster. With a highly dense population in one of the world’s wealthiest countries, Japan is a favorite among U.S. real estate investors. Get the full story »
