Global One Real Estate Investment Corp. completed the acquisition of THE PEAK SAPPORO from Fuyo General Lease Co., Ltd..
December 06, 2022
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Global One Real Estate Investment Corp. (TSE:8958) entered into a purchase and sale agreement to acquire THE PEAK SAPPORO from Fuyo General Lease Co., Ltd. (TSE:8424) for ¥17 billion on October 24, 2022. In related transaction, Global One Real Estate Investment Corp. agreed to sell Otemachi First Square to DAIBIRU Corporation. The acquisition will be funded from Proceeds from the Transfer of Otemachi First Square, borrowings and funds on hand. Payment will be made to Fuyo General Lease Co., Ltd. on the scheduled acquisition date. The transaction is expected to close on December 7, 2022.
Global One Real Estate Investment Corp. (TSE:8958) completed the acquisition of THE PEAK SAPPORO from Fuyo General Lease Co., Ltd. (TSE:8424) on December 7, 2022
Fuyo General Lease Co Ltd is engaged in the financial transactions such as leasing of machinery and equipment, real estate leasing, installment sales transactions and monetary lending. The Company operates in three business segments. The Leasing & Installment segment includes leasing of information-related equipment & office equipment, industrial machine tools (including property sales associated with the expiration & cancellation of lease transactions), the leasing of real estate, as well as the installment sale of commercial equipment, production equipment, hospital equipment. The Finance segment is involved in the money lending, the operation of securities owned to obtain financial income for business purposes, and the establishing of the silent partnership. Others segment includes environment and energy-related, fees and business process outsourcing (BPO) services (new areas).