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Mitsubishi Estate makes $2bn push into US data centers

Japanese developer plans open-ended fund in US to gain foothold in growing field

Tech giants like Google, Facebook and Apple continue to drive demand for data centers, creating an opening for Mitsubishi Estate and other developers.   © Getty Images

TOKYO -- Mitsubishi Estate aims to build seven U.S. data centers near Washington by around the end of the decade at an estimated cost of 200 billion yen ($1.83 billion).

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