One REIT (TYO:3290) completed the second transfer of a 55.0% quasi-co-ownership interest in MY Kumamoto Building, according to its Wednesday bourse filing.
The transferred asset, identified as Property No. OO-4, involves trust beneficiary rights for MY Kumamoto Building, with a transfer price of 1.03 billion yen.
The transfer was part of a two-phase plan for the asset.
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