Mitsui Fudosan (TYO:8801) and Shanshan Group To Build Outlet Mall In China

  Tokyo, Japan, Oct 7, 2009 - (ABN Newswire) - Mitsui Fudosan Co. (TYO:8801) will partner with the Chinese apparel firm Shanshan Group Co. to open an outlet mall with famous brands as tenants in the city of Ningbo in the Zhejiang Province as early as 2011.The joint venture of the two companies will conduct the outlet mall on land under a 40 year lease. Mitsui Fudosan is expected to invest several billion yen in the project, about 36% of the costs.  

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