Brief: Frontier Real Estate Investment to acquire trust beneficial rights of real estate for 9.3 bln yen

Mitsui Fudosan Retail Fund Investment

23/03/2018 08:23

March 23(Reuters) - Frontier Real Estate Investment Corp
 8964.T 
    
    * Says it plans to acquire 60 percent joint co-ownership
interest
of trust beneficial rights of Aichi Ken-based real estate from
Mitsui Fudosan Co., Ltd. 8801.T , for 9.3 billion yen 
    * Transaction date on March 28
    * Says it will take out loans of 9 billion yen in total, on
March
27, to fund the acquisition 

    
    
    Source text in Japanese:https://goo.gl/ketfjJ ;
https://goo.gl/bS3aur
    Further company coverage: 8964.T  8801.T 

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