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Japan real estates

2017/5/28. Great deal for Nomura, and bad deal for Japan Post

I wondered how Nomura real estates group sell their real estates which are under construction. Because they have a lot of real estates under construction until 2020-2021. I thought that Nomura can't sell them to each individuals.
The Japan second real estates booming comes end in soon.
This below article shows it. And Japan Post will lose this deals.

Japan Post looking to buy Nomuras stake in real estate unit: sources
http://www.japantimes.co.jp/news/2017/05/13/business/corporate-business/nomura-talks-japan-post-real-estate-unit-sale-sources-say/#.WSox8lRcWf0




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