Japan Metropolitan Fund Investment Corporation (TSE:8953) agreed to acquire Trust beneficiary rights in JMF-Residence Fujisawa from Ricoh Leasing Company, Ltd. (TSE:8566) for ¥1.27 billion on November 18, 2022. The transaction will be financed by cash and planned debt. JMF-Residence Fujisawa reported a Turnover of ¥66 million in September 30, 2022.

The transaction is expected to complete on March 30, 2023.