TOKYO -- Mori Trust plans to purchase two office buildings in the U.S. city of Boston for a combined 75 billion yen ($658 million) as early as next month in a push to diversify its assets beyond the Japanese market.
A newly established local subsidiary will acquire a 19-story building and a 10-story property, both located in the business district, from leading U.S. insurer Liberty Mutual. The two properties together have 80,000 sq. meters of leasable area.
