Mitsui completes first of two New York towers worth $5bn

Move highlights Japanese realtors' hunger for overseas investment

20181019N Mitsui Fudosan building at Hudson Yards

The Hudson Yards redevelopment site on Manhattan's west side. The high-rise that Mitsui Fudosan just completed is at the far left. (Photo by Shuji Nakayama)

HIROKI OBAYASHI, TAIZO WADA and SHUJI NAKAYAMA, Nikkei staff writers

TOKYO -- Mitsui Fudosan has built a 51-story office building in New York, demonstrating Japanese developers' strong appetite for overseas investment as their home market shrinks.

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