Blackstone said to allocate nearly $1b for logistics investments in Japan

Blackstone Group LP headquarters stands in New York, U.S., on Friday, April 14, 2017. Photograph: Victor J. Blue/Bloomberg

U.S. investment firm Blackstone Group will spend over 100 billion yen ($926 million) to buy distribution centers in Japan, seeing room for growth in the country’s relatively small e-commerce market, Nikkei has learned.

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