Japan-listed Comforia Residential REIT is acquiring two assets in Tokyo for a total consideration of JPY2,684 million.

Both assets are residential apartment buildings that are being rented out for income.

Comforia Residential REIT owns a portfolio of residential assets, most of which are located in the Tokyo sub-central region.

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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.