Mitsubishi Estate Company is planning to build 14 data centers in the United States over the next five years, Nikkei reported.
According to the outlet, the total cost of the real estate company's project is expected to reach about 2.3 trillion yen ($15 billion). The company is reportedly planning to cover at least a part of the costs through investments by institutional investors and external companies.
The development and operation of the data centers are set to be led by TA Realty, an American company in which Mitsubishi Estate has held a stake since 2015.
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