Billionaire Akira Mori plans to buy as much as ¥100 billion in properties in Tokyo, New York and London, his company’s first investment of this scale since 2008, as local real estate values recover and the yen strengthens.
The owner of Mori Trust Co., the nation’s most profitable closely held developer, wants to buy assets such as office towers and may focus on developing so-called smart buildings that are energy efficient and have disaster-prevention systems.
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