Core Estate Co., Ltd. agreed to acquire S-FORT Miyamachi and S-FORT Katahira from Samty Residential Investment Corporation (TSE:3459) for ¥3.8 billion on November 18, 2020. A lump sum payment will be made at closing. In a related transaction, Samty Residential Investment agreed to acquire 6 properties in Japan from Samty Co., Ltd. for ¥3.2 billion. Proceeds of the transaction will be used to fund the acquisition of the 6 properties. The Board of Directors of Samty Residential Investment Corporation approved the transaction. The transaction is expected to close on November 27, 2020.