HASEKO Corporation (TSE:1808) agreed to acquire Ito-Yokado Kamifukuoka-higashi from Japan Retail Fund Investment Corporation (TSE:8953), a fund managed by Mitsubishi Corp.-UBS Realty Inc. for ¥6.1 billion on January 26, 2017. An agreement for the transaction will be signed on January 31, 2016. Under the terms of the acquisition full payment will be paid at the time of transfer date.

The transaction is expected to be completed on March 31, 2017. HASEKO REAL ESTATE Inc acted as the agent for the disposition.