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Mizuho Launches Fund to Boost Buildings' Green Credentials

Mizuho Launches Fund to Boost Buildings' Green Credentials

   Tokyo, Aug. 12 (Jiji Press)--Mizuho Financial Group Inc. said on Tuesday that it has established a real estate investment fund aimed at acquiring older buildings and enhancing their environmental performance to increase their value.
   The Mizuho Green Recovery Fund, run by Mizuho Real Estate Management Co., will invest 200 billion yen over the next five years. It will target properties over 20 years old with potential for energy saving through renovation such as improvements to air-conditioning equipment and the installation of light-emitting diodes.

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AFP-JIJI PRESS NEWS JOURNAL


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