trending Market Intelligence /marketintelligence/en/news-insights/trending/7KJ8XSwCG6iRm2QBUXvUBw2 content esgSubNav
In This List

Aeon REIT Investment closes ¥18B property purchase in Japan

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Aeon REIT Investment closes ¥18B property purchase in Japan

Aeon REIT Investment Corp. completed its ¥18.04 billion acquisition of the Aeon Mall Fukutsu retail property in Japan's Fukuoka Prefecture from an unnamed vendor.

The retail-focused real estate investment trust agreed to purchase the property in August along with the Aeon Mall Tamadaira Woods in Tokyo. It expects to complete the ¥9.67 billion acquisition of Aeon Mall Tamadaira Woods on Feb. 3, 2020.

Aeon Mall Fukutsu occupies a 154,762.22-square-meter commercial land with a 200% floor-area ratio. It also includes a 100,020.87-square-meter building that is primarily leased to Aeon Mall Co. Ltd.

As of Sept. 3, US$1 was equivalent to ¥105.86.