Aerial view of Nagasaki. (Photo: Tomo M)

Fukuoka REIT Corporation has announced its inaugural investment in Nagasaki City, acquiring a 20.6% stake in a silent partnership that holds two residential properties for JPY161 million.

The transaction, decided on 17 October 2025, marks the REIT's strategic expansion beyond its traditional Kyushu stronghold.

The investment vehicle, Limited Liability REIT FRC2, will acquire trust beneficiary interests in two multi-unit residential buildings, ABAS CHIKUGOMACHI and ABAS KANAYAMACHI.

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By Rachel Young

Rachel Young is a staff writer for REITsWeek and is based in Singapore. She focuses on REITs listed in the North American and European markets but occasionally covers REITs in the Asia-Pacific region.