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Mitsubishi Estate to sell Nagoya high-rise to Canada's BGO

Interest in Japanese real estate expands beyond Tokyo and Osaka

The 21-story Hirokoji Cross Tower in Nagoya opened in 2018. (Photo by Kazuhiro Noguchi) 

NAGOYA/TOKYO -- Japanese developer Mitsubishi Estate will sell a landmark 21-story building in Nagoya to Canadian real estate fund BentallGreenOak, Nikkei has learned.

The price tag for the Hirokoji Cross Tower, which Mitsubishi developed with homebuilder Sekisui House and opened in 2018, is expected to be around 40 billion yen ($370 million).

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