XYMAX REIT Confirms New Asset Acquisition

XYMAX REIT Investment Corp. (JP:3488) has released an update.

XYMAX REIT Investment Corporation, managed by XYMAX Real Estate Investment Advisors, has announced the acquisition of the 2nd Preferred Investment Securities from TMK Hirakata Retail Facility Development for 22,000,000 yen, set to take place on July 22, 2024. The acquisition was approved after due deliberation, given that the seller is considered an interested party under the Asset Management Company’s rules. This transaction is not expected to materially affect the company’s financial forecasts for the upcoming fiscal periods.

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