JAPANESE NEARLY DOUBLE SALES OF U.S. REAL ESTATE HOLDINGS IN '94; INVESTMENT GRINDS TO A HALT

PR Newswire | June 8, 1995 | Copyright

Reports 10th Annual Study of E&Y Kenneth Leventhal Real Estate Group

Sales Activity Totals $6.4 Billion Last Year; Could Climb To 

 
                       $10 Billion By End Of 1995 
             California Tops List With 50 Percent Of Sales

SAN FRANCISCO, June 8 /PRNewswire/ -- Japanese disinvestment of U.S. real estate assets accelerated in 1994, with the volume of assets in the sales pipeline nearly doubling to $6.4 billion from $3.4 billion in 1993, according to a study released today by the E&Y Kenneth Leventhal Real Estate Group.

"Having ...

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