Hulic Reit, Inc. (TSE:3295) agreed to acquire Hulic Chofu and Hulic Ueno Building in Tokyo from Hulic Co., Ltd. (TSE:3003) for ¥7.44 billion on March 26, 2021. Hulic Reit, Inc. will acquire Hulic Chofu for ¥3.34 billion and Hulic Ueno Building for ¥4.1 billion. The transaction is expected to complete on March 31, 2021. Japan Real Estate Institute acted as as appraiser in the deal.

Hulic Reit, Inc. (TSE:3295) completed the acquisition of Hulic Chofu and Hulic Ueno Building in Tokyo from Hulic Co., Ltd. (TSE:3003) on March 31, 2021.