United Urban Investment Corporation (TSE:8960) agreed to acquire 10% stake in Trust beneficial interest in Osaka Bay Tower from Ganges specific purpose company for ¥2.6 billion on March 16, 2023. The payment will be settled in a lump-sum borrowing upon the delivery of the Asset to be Acquired. The transaction is expected to close on March 20, 2023.

United Urban Investment Corporation (TSE:8960) completed the acquisition of 10% stake in Trust beneficial interest in Osaka Bay Tower from Ganges specific purpose company on March 20, 2023.