GLP J-REIT to Acquire Preferred Securities for Redevelopment Project

MT Newswires Live

2025/01/28

GLP J-REIT (TYO:3281) plans to acquire the fourth tranche of preferred securities issued by Acacia Special Purpose Company for 60 million yen, according to a Monday filing on the Tokyo Stock Exchange.

The acquisition, funded through cash reserves, is slated for Jan. 30 and relates to the GLP Narashino II redevelopment project.

Price (JPY): $125900.00, Change: $+1500, Percent Change: +1.21%

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