Healthcare & Medical Investment Corporation (TSE:3455) signed a contract to acquire Sunny Life Kamakura from MYGK3 LLC for ¥1.4 billion on June 23, 2020. The transaction will be funded from borrowings and cash on hand. The acquisition is expected to complete on June 29, 2020. Healthcare & Medical Investment Corporation (TSE:3455) completed the acquisition of Sunny Life Kamakura from MYGK3 LLC on June 29, 2020. As a result of the acquisition, HCM owns 36 properties with a total leasable area of 186,358.75 m2. On June 29, 2020, Healthcare & Medical borrowed ¥700 million, to cover part of the acquisition and costs of Sunny Life Kamakura.