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Announced

Ichigo to acquire Tosho Tokai REIT Investment Corporation.

Synopsis

Ichigo, a Japanese sustainable infrastructure company, agreed to acquire Tosho Tokai REIT Investment Corporation, owner of 24 high-quality residential assets in Aichi Prefecture. Financial terms were not disclosed. "Ichigo is leveraging its real estate know-how and value-add capabilities to grow stock earnings via non-asset businesses and build out its asset management business. In line with this strategy, Ichigo is acquiring Tosho Tokai REIT and Tosho Asset Management," Ichigo Press Release.

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