Japan’s Sumitomo Mitsui Trust Bank will own 15 per cent of Kiwi-born infrastructure investing powerhouse Morrison.

TOKYO, July 7 : The trust bank unit of Japan's Sumitomo Mitsui Trust Group will acquire a 15 per cent stake in infrastructure investment manager Morrison and make an initial $500…

Japan’s Sumitomo Mitsui Trust Bank will own 15 per cent of Kiwi-born infrastructure investing powerhouse Morrison.

After turning an $800 million data centre bet into $18.5 billion, infrastructure manager Morrison is tapping into the world’s second-largest pension market.

Wellington-based global infrastructure investment firm Morrison partnership has established a long-term partnership with large Japanese bank Sumitomo Mitsui Trust Bank (SuMiTB)…