Mitsubishi Corp.-UBS Realty Inc. agreed to acquire JMF-Residence Chihaya from XYMAX REIT Investment Corporation (TSE:3488) for ¥3.3 billion on January 27, 2022. Mitsubishi Corp.-UBS Realty Inc. will use cash on hand to finance the transaction. The transaction is expected to close in two phases, 50% on January 31, 2022 and remaining 50% on March 31, 2022.

Mitsubishi Corp.-UBS Realty Inc. completed the acquisition of JMF-Residence Chihaya from XYMAX REIT Investment Corporation (TSE:3488) on March 31, 2022.