Japanese property shares reits drop after boj meeting.

Japanese property stocks, including Mitsui Fudosan Co. and Mitsubishi Estate Co., fell in Tokyo trading after the Bank of Japan refrained from enlarging its purchase of real estate investment trusts. The BOJ said in April it may increase the REIT purchase to 170 billion yen next fiscal year from a target of 140 billion yen. Bank of Japan Governor Haruhiko Kuroda, after the market closed, said there may be little room for the central bank's REIT purchases because the size of the REIT market is not big. [Extracted from the article]