Global One Real Estate Investment Corp. (TSE:8958) agreed to acquire 5% ownership in Shin-Daibiru Building and 20% ownership in Tosabori Daibiru Building from Daibiru Corporation for ¥8 billion on November 16, 2023. In a related transaction, Global One Real Estate will transfer quasi co-ownership interest of 20% in Rakuten Crimson House Aoyama to Daibiru Corporation for ¥8 billion and the exchange difference of these transaction ¥139 million which is the difference between the acquisition price of the assets acquired and the transfer price of the asset transferred will be accepted from Daibiru on the delivery date.

The assets generated revenues of ¥473.7 million and net operating income of ¥298.7 million. The transaction is expected to complete on March 28, 2024.