Kenedix Residential NEXT Investment Corporation

Kenedix Residential Next Investment Corporation has announced the acquisition of a 54-room commercial nursing home in Tokyo for JPY830 million.

The freehold asset, Tsukui Sun-shine Adachi, is being acquired from an undisclosed third party vendor that is not related to the REIT nor its subsidiaries.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.