Japanese leading real estate developer Mitsui Fudosan Group announced its mid-term corporate plan, planning to invest total 2.4 billion yen globally for the next three fiscal years, a sharp increase from 1.77 trillion yen investment recorded during 2012-2014. The company will launch large scaled developments in central Tokyo in a full swing as well as accelerate overseas businesses mainly in North America, Europe and Asia.

Capital investment in Japan will amount 550 billion yen, while 1.3 trillion yen will be used for domestic properties for sale. The company plans to invest 550 billion yen overseas. The firm will strengthen its domestic competitiveness and look to dramatic expansion outside Japan as well, says President of Mitsui Fudosan, Masanobu Komoda on May 13. In overseas markets, collaboration with local developers will be explored and deepened to increase business opportunities. (2015/05/14)