Bloomberg Fortress Investment Group LLC is betting that one of the real estate industry’s greatest contrarian wagers has more room to run. The manager of $70.5 billion, which piled into Japanese property after a tsunami and nuclear meltdown battered valuations in 2011, has seen its investments surge after Prime Minister Shinzo Abe’s stimulus revitalized the industry. Invincible Investment Corp., a ...

Bloomberg Milan and Rome were the best and worst major Italian cities for home sales last year, revealing a widening economic gap between the country’s capital and its financial center. Residential transactions jumped 13.4 percent in Milan last year, while sales in Rome increased 0.8 percent, according to data released by the Ministry of Economy. Sales nationally picked up 6.5 ...

Bloomberg As forest fires shrouded Singapore in a blanket haze last year, CBRE Group Inc.’s Lloyd Jenkins, sat down with a group of high-level property investors at the city state’s five-star Fullerton Hotel and showed them pictures of white beaches and clear, blue skies. This is Perth, he said, and there’s a lot of opportunity. Jenkins, managing director at CBRE ...