Japan Metropolitan Fund Investment Corporation (TSE:8953) agreed to acquire JMF-Residence Ikebukuro 1-chome, JMF-Residence Machida, JMF-Residence Osaka Noda, JMF-Residence Kita-Shinagawa and JMF-Residence Osaka Fukushima from ES-CON JAPAN Ltd. (TSE:8892), Sunadaproperty Inc., Hoosiers Asset Management Co., Ltd. and others for ¥10.6 billion on October 19, 2022. JMF got ¥1 billion of unsecured debt from Sumitomo Mitsui Banking Corporation, which will be used to finance the transaction. As on March 1, 2023, Japan Metropolitan Fund Investment Corporation (TSE:8953) acquired JMF-Residence Ikebukuro 1-chome.

As of August 1, 2023, Japan Metropolitan Fund Investment Corporation (TSE:8953) completed the acquisition JMF-Residence Machida.