We have a very constructive view on China: We like the economic story and we like the real estate story. We have a very deep pipeline and there are a lot of things going on. I wouldn't be surprised if we invest this year as much capital in China as we do in Japan.
The market is very strong. Institutional investors now have a stronger appetite for investing in the real estate market along with retail investors.
There's a good chance our investment volume could be more diversified across the region this year.
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