Regional lenders in Japan are becoming more aggressive as they look to attract borrowers in a negative interest rate environment, offering loans maturing in 50 years.
Tatsushi Iwano, president of real estate investment firm Loadstar Capital, which was offered such a 50-year loan to finance the acquisition of an office building, said the real estate sector is attractive at a time when many banks are finding it hard to attract borrowers.
Smaller regional lenders had increased their share of total loans to the property sector to 36% as of March.
