Mitsui Fudosan Co., Ltd. (TSE:8801) agreed to acquire Building portion of Shinsaibashi Square from Frontier Real Estate Investment Corporation (TSE:8964) on February 13, 2024. The consideration consists of ¥217 million in cash. As part of the consideration, ¥217 million was paid towards assets.

The board of Investment Corporation approved the deal on February 13, 2024. The expected closing date is March 29, 2024.