Nippon Building Fund Incorporation (TSE:8951) agreed to acquire additional 8.62% stake in NBF Ogawamachi Building from multiple individuals for ¥480 million on November 16, 2020. The consideration will be paid lumpsum Nippon will own approximately 92.47% stake in NBF Ogawamachi Building after the transaction. The transaction is expected to complete on November 30, 2020.