Nomura real estate float tops $1bn

The real estate arm of financial services group Nomura Holdings has priced its ¥144bn ($1.2bn) flotation at the top of its range in Japan's largest listing this year.

Tokyo-based Nomura Real Estate, which develops condominiums and manages office buildings, said it intends to put the proceeds towards repaying debt and buying additional real estate.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire