Daiwa House REIT Investment to Acquire Urawa CulE Stake for 4.75 Billion Yen

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Daiwa House REIT Investment (TYO:8984) plans to acquire a 50% quasi co-ownership interest in trust beneficiary rights to the retail property Urawa CulE from Daiwa House Industry for 4.75 billion yen on Sept. 29, according to a Friday bourse filing.

The REIT plans to acquire the remaining 50% interest for the same amount on March 1, 2027, the filing said.

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