T.Kawabe & Co., Ltd. (JASDAQ:8123) agreed to acquire Nippon Life Shinjuku Gyoen-mae Building from Nippon Life Insurance Company for ¥3.2 billion on November 13, 2015. The transaction will be financed by using the funds on hand and loans from financial institutions. The transaction was resolved by the Board of Directors on November 13, 2015.

The contract conclusion is scheduled on November 25, 2015 while the property transfer is scheduled on November 25, 2015.