Japan-based Mitsubishi Corp has begun its first real estate fund that invests in datacenters, seeking to benefit from a 1.36 trillion yen ($17 billion) market amid rising demand after the earthquake in March, Bloomberg reported.

Diamond Realty Management Inc, a division of largest trading company Mitsubishi Corp started the 25.8 billion yen fund this month, with investment from its parent, domestic institutional investors and pension funds,  Japan’s Mitsubishi said.

The rolling blackouts introduced in Tokyo after the March 11 magnitude 9 earthquake and tsunami damaged a nuclear plant highlighted the need for quake resistant data centers that are equipped with sufficient electric power during emergencies.

According to a report by Tokyo-based MIC Research Institute Ltd, the market for data centers is likely to expand 8% this fiscal year and may reach 1.9 trillion yen by March 2016.

The fund owns three datacenters occupied by Softbank Corp, the exclusive provider of Apple Inc’s iPhone in Japan, Masafumi Manno,chief operating officer of Diamond Reality said. The funds offer atleast 8% average annual return.

Mitsubishi Corporation is Japan’s largest general trading company with over 200 bases of operations in 80 countries worldwide.  The company is engaged in business with customers in industry like energy, metals, machinery, chemicals, food and general merchandise, and environmental business.