ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Mitsubishi Estate digs into smart greenhouse farming

Property developer aims for year-round vegetable supplies in tie-up with Japan grower

Mitsubishi Estate will expand its agriculture business beyond tomatoes. (Photo courtesy of the company)

TOKYO -- Mitsubishi Estate will make a full entry into agriculture through a capital partnership with a major domestic horticulture company, with an eye to taking technology-based farming abroad.

The Japanese real estate company is teaming up with Okayama Prefecture-based Sara, a specialist in cutting-edge greenhouse facilities. Mitsubishi Estate aims to generate annual sales of about 30 billion yen ($280 million) from this undertaking in 10 years as it anticipates growth in efficient greenhouse farming. The size of the capital stake was not disclosed.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more