Comforia Residential REIT, Inc (TSE:3282) agreed to acquire Beneficial Interest in Real estate trust of Comforia Nishinomiya from Tokyu Land Corporation for ¥1782 million on March 15, 2024. The consideration consists of ¥1782 million in cash. As part of the consideration, ¥1782 million was paid towards assets.

The expected date of agreement is on March 15, 2024. The expected date of acquisition is on March 27, 2024.The deal is to be financed through borrowings and cash on hand.