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Asian investors increasingly look to US property for income: Legg Mason

As traditional assets continue to disappoint on the yield front, Asian investors are eyeing US real estate to quench their voracious thirst for income, Legg Mason told Asian Private Banker. According to Clarion Partners — a Legg Mason investment affiliate — international capital in US real estate increased by 64% year-on-year in 2018 despite the meltdown in capital markets negatively…

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