Mitsui Fudosan Retail Fund Investment to Sell Property Trust Beneficiary Rights for 3.91 Billion Yen
MT Newswires Live
Yesterday
Mitsui Fudosan Retail Fund Investment (TYO:8964) has agreed to sell the trust beneficiary rights to the Aeon Town Tanashi-Shibakubo real estate property in Tokyo for 3.91 billion yen, according to a Tokyo bourse filing on Wednesday.
The Tokyo-listed fund said the deal with an unnamed Japanese business corporation is scheduled for delivery on June 30, 2027, and part of the gain will be retained as internal reserves to stabilize future distributions.
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