An undisclosed buyer agreed to acquire Hommachi Garden City from Sekisui House Reit, Inc. (TSE:3309) for ¥21.4 billion on March 19, 2024. The consideration consists of ¥21.4 billion in cash. As part of the consideration, ¥21.4 billion was paid towards common equity.

The transaction is expected to complete on April 30, 2024.