Japan Metropolitan Fund asset, Kawaramachi OPA. (Photo: Kirakira meister)

Japanese REIT Japan Metropolitan Fund Investment Corporation has announced plans to acquire additional shares in Kawaramachi OPA.

The target asset is a retail property located in Kyoto's premier Shijo-Kawaramachi commercial district and it is being acquired for JPY790 million, said the REIT.

The asset manager KJR Management confirmed on 8 October 2025 that the REIT will purchase a co-ownership interest in the building and a portion of co-owned land, with completion scheduled for 23 December 2025.

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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.