Nippon REIT Investment Corporation has completed a significant property transaction worth JPY19.6 billion, acquiring full ownership of an office building in Saitama whilst disposing of its stake in a Tokyo property.
The REIT announced on 1 July 2025 that it had finalised the acquisition of an 80% quasi-co-ownership stake in Urawa Garden Building for JPY9.6 billion, giving it complete control of the Saitama-based office property.
The seller was property developer Hulic Co Ltd.
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