JAPAN-REIT: Notice Concerning Asset Acquisition and Transfer
Mar 16, 2018
byInvestment in Japan
HEIWA REAL ESTATE REIT, Inc. announced today that HEIWA REAL ESTATE Asset Management CO., LTD., the company to which the Investment Corporation entrusts its asset management operations, decided to execute the acquisition and transfer of assets.
Reason for Borrowing
The total amount of proceeds from the borrowing described above (900 million yen) will be used to partly find the acquisition of assets of ARK Mori Building, and the expenses associated with the acquisition.