Nippon Healthcare Investment Corporation (TSE:3308) concluded a contract to acquire Trust Beneficial Rights of Four Properties from DA Healthcare Alpha LLC for ¥2.6 billion on October 29, 2015. Nippon Healthcare Investment Corporation (TSE:3308) managed by Daiwa Real Estate Asset Management Co., Ltd will acquire Alpha Living Okayama Nishikawa Ryokudo Koen for ¥730 million, Alpha Living Okayama Kotakuen for ¥610 million, Alpha Living Takamatsueki-mae and Alpha Living Takamatsu Hyakkenmachi each for ¥605 million. Nippon Healthcare Investment Corp will take out a term loan of ¥1.2 billion from Mizuho Bank, Ltd. between October 29, 2015 and November 24, 2015 to fund the acquisition of properties. The transaction is expected to complete on November 24, 2015.

Nippon Healthcare Investment Corporation (TSE:3308) completed the acquisition of Trust Beneficial Rights of Four Properties from DA Healthcare Alpha LLC on November 24, 2015.