Japan Real Estate (JRE) Investment Corporation is increasing its stake in a 24-storey office asset in Tokyo for JPY2,290 million.

The REIT presently owns a 13.45% stake in the asset, Seavans S Building.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.