An unknown buyer signed a contract to acquire MarLandFive from Tosei Reit Investment Corporation (TSE:3451) for ¥1.2 billion on September 28, 2018. ¥117.3 million will be received at the conclusion of the purchase and sale contract and the remaining ¥1.1 billion will be received at the time of the transfer. For the year ended October 31, 2017, MarLandFive had revenue of ¥78 million. The transaction is expected to complete on November 15, 2018. The proceeds will be allocated to part of the funds for payment of loans by Tosei Reit Investment Corporation. Japan Real Estate Institute acted as appraiser and Tosei Corporation acted as broker in the transaction. An unknown buyer completed the acquisition of MarLandFive from Tosei Reit Investment Corporation (TSE:3451) on November 15, 2018.