Brief: Orix JREIT to acquire property for 34 bln yen and to issue new units

Orix Jreit

26/02/2018 07:33

Feb 26(Reuters) - Orix JREIT Inc  8954.T  
     
    * Says it will acquire Osaka-based property for 34 billion 
yen, on 
April 2 
    * Says it will issue 76,190 new units through public 
offering and 
will issue 3,810 new units through private placement to  Daiwa 
Securities Co. Ltd., with subscription date on April 10 and 
payment date on April 11 
    * Says proceeds will be used for a part of the property 
acquisition fund and loan repayment  
 
     
     
    Source text in Japanese:https://goo.gl/GdQ4Ez ; 
https://goo.gl/jBP8XR 
    Further company coverage: 8954.T  
 
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