Mitsubishi Estate Logistics REIT Investment Corporation announced on 26 March that it is acquiring a 16.7% stake in a bridge fund known as MRB1 GK for JPY528 million in a bid to increase its exposure to the Tokyo-area market.
The acquisition, set for completion on 27 March 2025, will be funded through cash reserves and forms part of Mitsubishi Estate Logistics REIT’s strategy to enhance portfolio flexibility amid uncertain financial markets.
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AloJapan.com