Japan Excellent, Inc. (TSE:8987) agreed to acquire Real Estate Trust Beneficiary Rights of OSAKI BRIGHT TOWER and OSAKI BRIGHT PLAZA from Nippon Steel Kowa Real Estate Co., Ltd. for ¥13.1 billion on August 17, 2023.The Execution of purchase agreement is scheduled on August 18, 2023.Transaction is financed from Debt financing and funds on hand.Transaction is expected to complete on April 26, 2024.
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- Japan Excellent, Inc. agreed to acquire Real Estate Trust Beneficiary Rights of OSAKI BRIGHT TOWER and OSAKI BRIGHT PLAZA from Nippon Steel Kowa Real Estate Co., Ltd. for ¥13.1 billion.