Brief: Japan Retail Fund Investment buys stake in Kanagawa-based property; to raise 536.5 mln yen via private placement

Japan Metropolitan Fund Investment

24/03/2017 07:23

March 24 (Reuters) - Japan Retail Fund Investment Corp 
 8953.T  : 
     
    * Says it completes acquisition of 20 percent stake in a 
Kanagawa-based property at 2.26 billion yen on March 24 
    * Says it plans to buy three properties, including the other 
80 pct stake of the Kanagawa-based property, for totaling 19.42 
billion yen  
    * Co will issue new units via private placement and to raise 
536.5 million yen in total 
     
    Source text in Japanese: https://goo.gl/r129Rx ; 
https://goo.gl/ehEBcK 
    Further company coverage: 8953.T  
 
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