Brief: Sekisui House Residential Investment to acquire and to sell properties and to merge with Sekisui House Reit
24/01/2018 07:52
Jan 24(Reuters) - Sekisui House Residential Investment Corp
8973.T
* Says it will acquire trust beneficial rights of 6
properties for
25.3 billion yen in total, and will sell trust beneficial rights
of 12 properties for 16.4 billion yen in total, on May 1 (the
transactions)
* Says it signed a contract to merge with Sekisui House Reit
Inc
3309.T , merger effective May 1
* Says Sekisui House Residential Investment Corp will be
dissolved
after the merger
* Says Sekisui House Reit Inc will take over the company's
position, rights and obligations in the transactions on the
merger effective date (May 1)
Source text in Japanese:https://goo.gl/AaXfvi ;
https://goo.gl/VGqqLd
Further company coverage: 8973.T 3309.T
(Beijing Headline News)
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