Fukuoka REIT Completes Acquisition of Investment Units
Fukuoka REIT (TYO:8968) has completed the acquisition of 7,600 investment units from its asset management company, Fukuoka Realty, a Tuesday filing on the Tokyo Stock Exchange.
The total value of the acquisition is 1.07 billion yen. This purchase was part of a public offering and a secondary offering resolved on Aug.28 and Sept. 4.
Fukuoka Realty will hold these units as a commitment to Fukuoka REIT's growth and will lend 3,600 units to SMBC Nikko Securities for the secondary offering.
Price (JPY): $141700.00, Change: $-1700, Percent Change: -1.19%
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