GLP chairman points to "Abenomics" as demand driver in Japan

04/11/2013 | CNBC

Japanese Prime Minister Shinzo Abe's economic policies, or "Abenomics," are causing demand for industrial real estate to sharply rise, according to Jeffrey Schwartz, co-founder and chairman at Global Logistics Properties. "Among consumers in Japan, people really believe that for the first time, since 1989, 1990, Japan is on the right foot and taking the right steps to solve the deflationary issue," he says.

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