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Japan’s Sumitomo Mitsui Trust Bank Invests in New Zealand Infrastructure Investor Morrison

The partnership aims to capitalize on rising demand for data centers and energy assets driven by the global AI boom.

Jul 7, 2026, 10:41 AM Nikkei Asia

Japan Sumitomo Mitsui Trust Bankorganization AIorganization NZorganization Sumitomo Mitsui Trust Bank Investsorganization Zealand Infrastructure Investor Morrisontopic Zealand-basedtopic Japangeography Nikkei Asiaorganization Shintaro Inoperson TOKYOgeography Phototopic

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Japan's Sumitomo Mitsui Trust Bank announced on July 7, 2026, that it will acquire a 15% stake in New Zealand-based infrastructure investor Morrison and establish a strategic partnership. The collaboration will focus on infrastructure assets such as data centers and power facilities, responding to increasing investor interest amid the global surge in artificial intelligence applications.

The investment highlights growing demand for infrastructure that supports AI-driven technologies. Both companies emphasized the strategic nature of the partnership in addressing this market trend.

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Nikkei Asia Captured Jul 7, 2026, 10:29 AM · Original story

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Overview: This article shows limited framing pressure in the available source text. The partnership aims to capitalize on rising demand for data centers and energy assets driven by the global AI boom.

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