Iimia: Japan market booming

He thinks the country is experiencing an “industrial revolution” which raised questions over where the resources are going to be found to support this. However the chief investment officer, who runs fund of funds for iimia, warned that while Japan was growing, it could not ignore what was happening in the US economy. He was also struck by the high capital in the property market in Japan and the demand for commercial property. No offices were built during the recession so now there is a backlog of demand, which has created “real opportunities”, Greenwood said. Following the trip,...