Japanese giant Mitsui Fudosan has entered the Australian development market with an investment in Frasers Property’s $232 million MAC Residences project in Sydney’s Macquarie Park.
Tokyo-listed Mitsui Fudosan joins a string of Japanese builders and developers that have already made inroads into the Australian market such as Asahi Kasei, Kajima and Daiwa House with its undisclosed investment in the 24-storey tower.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
