Funds modeled on U.S. real estate investment trusts debuted Monday on the Tokyo Stock Exchange with high hopes in the securities industry that they will lure individual investors amid ultralow interest rates and a slump in stock prices.
Officials from real estate companies and the TSE celebrate the debut of real estate investment trusts at the bourse.A fund affiliated with Mitsui Fudosan Co. and another with Mitsubishi Estate Co. were listed Monday.
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