Sekisui House REIT has announced an expansion in its US real estate holdings with the planned acquisition of City Ridge, a residential property in Washington DC for JPY44.2 billion (USD299 million).
The deal, approved on 17 March 2025, aligns with Sekisui House REIT’s strategic shift toward a residential-centered portfolio and further strengthens its presence in the US rental housing market, the REIT said in a statement on the same day.
Related: Sekisui House REIT expands US footprint with USD279 million acquisition
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