A $7 Billion Bet Japanese Workers Return to Office Life

Author of the article:
Takashi Nakamichi and Takako Taniguchi
Publishing date: Dec 17, 2020  •  December 17, 2020  •  2 minute read  • 
Article content
(Bloomberg) — Real estate investor BentallGreenOak is wagering billions of dollars that Japanese workers will return to the office after the pandemic.
The unit of Canada’s Sun Life Financial Inc. plans to double staff and invest $10 billion in Japan over the next two to three years, of which as much as 70% may go into office buildings in the country’s major business districts, said Chief Executive Officer Sonny Kalsi.
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