Mitsui Fudosan Logistics Park Inc. (TSE:3471) agreed to acquire remaining 50%stake in MFLP Tomei Ayase from IHI Corporation (TSE:7013) for ¥9.9 billion on February 16, 2024. The consideration will be sourced through Own funds and loans of Mitsui Fudosan. MFLP Tomei Ayase reported net operating income of ¥361 million.

The transaction is expected to close on March 15, 2024.