Nippon Building Fund Incorporation (TSE:8951) acquired additional 15% stake in Yokohama ST Building from Toda Corporation (TSE:1860) for ¥3.2 billion on November 30, 2021. As per the transaction, Nippon Building Fund Incorporation now owns 90% stake in Yokohama ST Building. As on October 31, 2021, Yokohama ST Building generated total rental revenues of ¥256 million.

Nippon Building Fund Incorporation (TSE:8951) completed the acquisition of additional 15% stake in Yokohama ST Building from Toda Corporation (TSE:1860) on November 30, 2021.