Fukuoka REIT Corporation (TSE:8968) agreed to acquire Hakata Chikushi-Dori Business Center for ¥4.3 billion on August 30, 2021. Pursuant to the terms, ¥443 million will be paid on the date of conclusion of contract and remaining on completion. The transaction will be financed from cash on hand and borrowings. The transaction is expected to complete on March 1, 2022.

Fukuoka REIT Corporation (TSE:8968) completed the acquisition of Hakata Chikushi-Dori Business Center on March 1, 2022.