Hitachi And Frasers Property Sign S$100 Million MOU To Drive Digital Transformation In The Real Estate Industry In Asia Pacific

Hitachi Asia Ltd. and Frasers Property Limited, announced today that Hitachi Asia and Frasers Property, through its subsidiary, have signed a memorandum of understanding (MOU) involving an investment of up to S$50 million each to collaborate and drive digital transformation in the real estate industry in Asia Pacific over the next five years. The size of the addressable market for Asia Pacific, excluding Japan and China, is estimated to reach US$82 billion by 20251.

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