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MCUBS MidCity divests 2 Japanese assets for ¥10.70B

MCUBS MidCity Investment Corp. said it completed the sale of Midosuji MID Bldg. and MID Midosujikawaramachi Bldg. for ¥10.70 billion.

The Midosuji MID Bldg. and MID Midosujikawaramachi Bldg., which are both located in Chuo-ku, Osaka were disposed of for ¥9.00 billion and ¥1.70 billion, respectively.

The names of the buyers were not disclosed.

As of March 24, US$1 was equivalent to ¥111.04.