Brief: Itochu To Enter U.S. Rental Housing Development Business With Nearly 20% Stake In Local Developer, Nikkei Says
Nov 27 (Reuters) - Itochu Corp 8001.T: ITOCHU TO ENTER U.S. RENTAL HOUSING DEVELOPMENT BUSINESS WITH NEARLY 20% STAKE IN LOCAL DEVELOPER, NIKKEI SAYS ITOCHU AND JAPANESE INVESTORS TO INVEST $1 BILLION IN U.S. RENTAL HOUSING OVER FIVE YEARS, NIKKEI SAYS ITOCHU ACQUIRES 19.5% STAKE IN U.S. RENTAL HOUSING DEVELOPER WOOD PARTNERS, NIKKEI SAYS Source text: [ID:] Further company coverage: 8001.T (Reporting by Satoshi Sugiyama) ((Satoshi.Sugiyama@thomsonreuters.com;))
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