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Hudson Yards developer Mitsui Fudosan ready to spend $6bn abroad

Japanese company seeks growth with urban housing and offices in U.S.

Mitsui Fudosan has been building apartments around major U.S. cities, including this complex outside Washington, D.C.

TOKYO -- Japanese property developer Mitsui Fudosan is set to invest 700 billion yen ($6.2 billion) overseas within three years, among its largest such spending plans yet, to broaden its real estate portfolio in growing markets as office rentals in its home country slump.

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