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