JAPAN METROPOLITAN FUND INVESTMENT CORPORATION Japan Retail Fund Investment Corporation (Tokyo Stock Exchange Company Code: 8953)
News Release - May 1, 2017
Japan Retail Fund Investment Corporation Completes the Acquisition of 1 Property in Japan (80% quasi-co-ownership interest in MARINE & WALK YOKOHAMA)Japan Retail Fund Investment Corporation ("JRF"), which already completed its acquisition of the 4 properties as announced in the press release titled "Japan Retail Fund Investment Corporation to Acquire 4 Properties in Japan" dated February 27, 2017, except for G-Bldg. Shinsaibashi 03 (Bldg. B land with leasehold interest) and an 80% quasi-co-ownership interest of trust beneficiary right in MARINE & WALK YOKOHAMA, announced today the completion of its acquisition of the 80% quasi-co-ownership interest of trust beneficiary right in MARINE & WALK YOKOHAMA, as outlined below.
Acquired property
Property name
Location
Type of asset
Acquisition price (¥ million)
Acquisition date
MARINE & WALK YOKOHAMA
(80% quasi-co-ownership interest)
Naka-ku, Yokohama-shi, Kanagawa
Trust beneficiary right in real estate
9,040
May 1, 2017
Total
1 Property
9,040
Anticipated property
Property name | Location | Type of asset | Anticipated acquisition price (¥ million) | Anticipated acquisition date |
G-Bldg. Shinsaibashi 03 (Bldg. B) (G-Bldg. Shinsaibashi 03 (Bldg. B land with leasehold interest)) | Chuo-ku, Osaka-shi, Osaka | Trust beneficiary right in real estate | 400 | by December 29, 2017 |
Total | 1 Property | 400 | ||
(Reference) Acquired properties before acquisition described herein
Property name | Location | Type of asset | Acquisition price (¥ million) | Acquisition date |
G-Bldg. Midosuji 01 | Chuo-ku, Osaka-shi, Osaka | Trust beneficiary right in real estate | 9,975 | March 31, 2017 |
G-Bldg. Shinsaibashi 03 (Bldg. B) (G-Bldg. Shinsaibashi 03 (Bldg. B main building)) | Chuo-ku, Osaka-shi, Osaka | Trust beneficiary right in real estate | 7,800 | March 17, 2017 |
MARINE & WALK YOKOHAMA (20% quasi-co-ownership interest) | Naka-ku, Yokohama-shi, Kanagawa | Trust beneficiary right in real estate | 2,260 | March 24, 2017 |
G-Bldg. Naha-shintoshin 01 | Naha-shi, Okinawa | Trust beneficiary right in real estate | 5,650 | March 17, 2017 |
Total | 4 Properties | 25,685 | ||
*Please refer to the press releases titled "Japan Retail Fund Investment Corporation Completes the Acquisition of 2 Properties in Japan (G-Bldg. Shinsaibashi 03 (Bldg. B main building) and G-Bldg. Naha-shintoshin 01)" dated March 17, 2017, "Japan Retail Fund Investment Corporation Completes the Partial Acquisition of 1 Property in Japan (20% quasi-co-ownership interest in MARINE & WALK YOKOHAMA)" dated March 24, 2017, and "Japan Retail Fund Investment Corporation Completes the Acquisition of 1 Property in Japan (G-Bldg. Midosuji 01)" dated March 31, 2017.
About JRF: JRF is the third listed Japanese Real Estate Investment Trust ("J-REIT") and the first J-REIT to focus exclusively on retail properties. Please refer to our website at http://www.jrf-reit.com/english/index.html for further details.
Contacts: For further information relating to this news release as well as JRF and Mitsubishi Corp.-UBS Realty Inc., its Asset Manager, please feel free to contact: Mr. Keita Araki (Telephone Number: 81-3-5293-7080), Head of Retail Division at Mitsubishi Corp.-UBS Realty Inc.
Investor Relations: Telephone Number: 81-3-5293-7081
E-mail: jrf-8953.ir@mc-ubs.com
This English language release is for informational purposes only, and the Japanese language release should be referred to as the original.
Japan Retail Fund Investment Corporation published this content on 01 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 01 May 2017 06:08:11 UTC.
Original documenthttp://www.jrf-reit.com/upd3/irpr_news/pdf/xjs5165906CFBB3436A9.pdf
Public permalinkhttp://www.publicnow.com/view/DBADF4EC337556F2A92A6F1A3B9C5CCA474187DE
