A $5 billion opportunity

Nikko Salomon head of equity capital markets, David Hatt says the J-REIT market could boom.

Are you positive, since in spite of all the turmoil globally, there have been quite a few IPOs in Japan this year

That's a fair point, although volume has been much smaller than last year. Last year there were 204 deals. This year, so far, there have been 134. So we've been affected.

Relative to Asia or the US, at least the market has proven to be open for new deals.

There are deals getting done. There is...

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