XYMAX REIT Investment Corporation (TSE:3488) agreed to acquire a 50% stake in Valor Kachigawa from Japan Metropolitan Fund Investment Corporation (TSE:8953) for ¥3.2 billion on January 27, 2022. The transaction will be funded by Borrowings and cash on hand. In a related transaction Japan Metropolitan Fund Investment Corporation (TSE:8953) is acquiring JMF-Residence Chihaya from XYMAX REIT Investment Corporation (TSE:3488).

The transaction is scheduled to be completed on January 31, 2022. JMF will allocate the funds obtained from the disposition to fund related acquisition.