Brief: Kenedix Residential Next Investment to acquire properties for 25.49 bln yen

Kenedix Residential Next Investment

13/07/2018 07:47

July 13(Reuters) - Kenedix Residential Next Investment Corp
 3278.T 
    
    * Says it plans to acquire trust beneficial rights of 9 real
estate properties for 25.49 billion yen in total
    * Acquisition date on Aug. 2
    * Says it will issue 82,100 new units through public
offering and
4,105 new units through private placement
    * Proceeds to be mainly used for property acquisition and
loan
repayment 

    
    
    Source text in Japanese:https://goo.gl/j2K6ap ;
https://goo.gl/zLMLY6
    Further company coverage: 3278.T 

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