1. News From Japan: Mitsubishi, Fujitsu, IIJ

    Data Center Knowledge (Aug 16 2011)

    1. News From Japan: Mitsubishi, Fujitsu, IIJ There’s been a number of data center news items this week from Japan. Here’s a roundup: Mitsubishi invests in property fund. Mitsubishi Corp. announced that it has started a real estate fund that invests in data centers, seeking to benefit from a 1.36 trillion yen ($17 Billion) market amid rising demand after the March earthquake. The 25.8 billion yen ($336 million) fund was started by Mitsubishi unit Diamond Realty Management and includes investments from domestic institutional investors and pension funds. The market for data centers is likely to expand 8 percent this fiscal year and may reach 1.9 trillion yen by March 2016, according to a report by Tokyo-based MIC Research Institute Ltd. Last month Japan’s Tokyo Electric Power (TEPCO) was evaluating a plan to sell its data center holdings, including the @Tokyo 1.4 million square foot data center. (Read Full Article)

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