Financial Times FT.com

Japanese property sags after new collapse

By Lindsay Whipp in Tokyo

Published: August 28 2008 03:00 | Last updated: August 28 2008 03:00

Japanese property stocks came under renewed selling pressure yesterday following the latest in a string of bankruptcies in the sector.

Shares in Sohken Homes fell by their daily limit of 12 per cent to Y14,100 after it filed for protection from creditors on Tuesday.

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