trending Market Intelligence /marketintelligence/en/news-insights/trending/a_7opve65jdpqwy7ecxeba2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Hankyu REIT buys 2 Japanese assets

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Hankyu REIT buys 2 Japanese assets

Hankyu REIT Inc. acquired two fully let Japanese properties from an undisclosed domestic corporation for roughly ¥2.28 billion and ¥1.85 billion, respectively.

The greater of the two deals is for a site in the cities of Takarazuka and Nishinomiya in the Hyogo prefecture, dubbed MANDAI Nigawa Store. The land, spanning approximately 9,194 square meters, is leased to MANDAI Co. Ltd.

Hankyu also purchased the LAMU Higashiosaka Branch site in Higashiosaka, Osaka prefecture, that covers about 8,943 square meters and is occupied by Daikokuten Bussan Co.

The assets, each reflecting a 4.2% average net operating income yield, were bought using cash on hand.

As of March 26, US$1 was equivalent to ¥104.95.