United Urban Investment Corporation (TSE:8960) agreed to acquire Trust Beneficial Interest in IIDABASHI PLANO STAGE BUILDING for ¥5.4 billion on March 28, 2022. The transaction is expected to close on March 31, 2022. The payment to the seller will be settled in a lump-sum with borrowing upon the delivery of the Property. IIDABASHI PLANO has a rental income of ¥370 million.

United Urban Investment Corporation (TSE:8960) completed the acquisition of Trust Beneficial Interest in IIDABASHI PLANO STAGE BUILDING on May 31, 2022.