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REAL ESTATE

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<i> Times Staff and Wire Reports</i>

Japanese Expected to Accelerate Sale of U.S. Property: About 45% of Japanese lenders and owners are currently in the process of marketing and selling U.S. real estate and another 28% intend to start selling in 1996 or 1997, according to a recent survey of 350 Japanese firms by the E&Y; Kenneth Leventhal Real Estate Group. The survey also indicates that the owners and lenders--who have come under government pressure to write off bad real estate loans--have lowered their price expectations, which could prompt more real estate sales. Almost half the respondents this year said they would be willing to recover 60 cents of every dollar invested in their U.S. holdings. Last year, only 22% of those surveyed would sell if they recovered less than 70 cents on the dollar.

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