Advance Residence Investment Corporation (TSE:3269) agreed to acquire RESIDIA Kotoen and RESIDIA Tamatsukuri for ¥2.4 billion on September 16, 2022. The proposed acquisition price for RESIDIA Kotoen is ¥500 million and for RESIDIA Tamatsukuri it is ¥1920 million. The acquisition will be financed through borrowings and cash on hand. The RESIDIA Kotoen is expected to close on September 28, 2022, and RESIDIA Tamatsukuri is expected to close on February 1, 2023.

Advance Residence Investment Corporation (TSE:3269) completed the acquisition of RESIDIA Kotoen and RESIDIA Tamatsukuri for ¥2.4 billion on February 1, 2023.