Ichigo (JP:2337) has released an update.
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Ichigo Inc. has announced the acquisition of Tosho Tokai REIT Investment Corporation and its asset management arm, aiming to bolster its sustainable infrastructure business and expand its asset management capabilities. The strategic purchase includes 24 high-quality residential assets in Aichi Prefecture, as Ichigo intends to invite third-party investments to reduce its initial 100% shareholding in Tosho Tokai REIT. This move is anticipated to enhance Ichigo’s value-add assets and drive growth in asset management.
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