finance
Brookfield Plans Over $10 Billion in Japan Investments
The head of Brookfield’s Japan unit said the Canadian asset manager will promote investment in artificial intelligence data centers. The firm also acquired a Tokyo headquarters building for about ¥300 billion as part of a broader five-year plan.
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The head of the Japan unit of major Canadian asset management firm Brookfield has voiced plans to promote investments in artificial intelligence data centers that can process large amounts of data. ” He also expressed confidence in building power systems for data centers.
Brookfield plans to invest over $10 billion, or some ¥1.6 trillion, in Japan over the next five years. As the first step, it acquired the headquarters building of major Japanese advertising agency Dentsu in Tokyo’s Shiodome area for some ¥300 billion. The executive stopped short of commenting on whether Brookfield had applied for a partnership with Tokyo Electric Power Company Holdings.
2018, Brookfield acquired major U.S. nuclear energy firm Westinghouse Electric from Japanese machinery maker Toshiba. Brookfield has around $1.3 trillion in assets under management.
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