LaSalle Logiport REIT to Buy Additional Stake in LRF3 Properties G

MT Newswires Live

2024/11/28

LaSalle LOGIPORT REIT (TYO:3466) is acquiring an additional tokumei kumiai equity (TK) interest in LRF3 Properties G for 936 million yen, according to a Tokyo Stock Exchange filing on Thursday.

The acquisition represents approximately 18% of the total additional TK equity B.

The acquisition, scheduled for Dec. 3, involves trust beneficiary rights in real estate assets, specifically a 51% co-ownership interest in LOGIPORT Nagoya. The purchase will be funded using cash on hand.

Price (JPY): $145000.00, Change: $-200, Percent Change: -0.14%

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