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Aeon REIT wraps up ¥13.33B purchase of retail property in Japan

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Aeon REIT wraps up ¥13.33B purchase of retail property in Japan

Japan-listed Aeon REIT Investment Corp. finalized the ¥13.33 billion acquisition of the Aeon Mall Kyoto Gojo in Japan's Kyoto prefecture from Godo Kaisha Double O3.

The retail property in Kyoto City is 100% occupied and features 86,984.79 square meters of total floor area.

As of July 2, US$1 was equivalent to ¥110.78.