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Business

Mitsubishi Estate's new fund to target greater Asia

Japanese developer teams up with Hong Kong's CLSA to invest $1.8bn

Mitsubishi Estate's real estate holdings consist largely of Tokyo-area office buildings.

TOKYO -- Mitsubishi Estate will launch a fund to invest in office buildings and commercial facilities in Asia and Australia, with the goal of managing 200 billion yen ($1.79 billion) in assets in four years. 

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