Japan Metropolitan Fund Investment Corporation (TSE:8953) agreed to acquire Trust Beneficiary Rights in JMF-Residence Sakuranomiya and JMF-Residence Miyakojima for ¥3.5 billion on July 26, 2023. JMF-Residence Sakuranomiya and JMF-Residence Miyakojima reported annual rent of ¥158 million as on March 31, 2024. Transaction is expected to complete on April 30, 2024.

Japan Metropolitan Fund Investment Corporation (TSE:8953) completed the acquisition of Trust Beneficiary Rights in JMF-Residence Sakuranomiya and JMF-Residence Miyakojima on April 30, 2024.