[Trading] JINUSHI sells land beneath a retail property for ¥9 billion, as bridge financing for its affiliated private REIT

地主 sold 89,712 square metres of underlying land for a commercial facility in Izumisano, Osaka, for ¥9 billion. The sale proceeds are expected to be bridged to its affiliated private REIT.

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The story

地主 will sell 89,712 m² of underlying land for a commercial facility in Izumisano, Osaka. The price is ¥9 billion.

The transaction is expected to be structured as a bridge transaction to an affiliated private REIT.

At a glance

LocationUnderlying land for a commercial facility in Izumisano, Osaka

Scale89,712 m² of underlying land

AmountSold for ¥9 billion

FormatBridge transaction to an affiliated private REIT

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