SMFL MIRAI Partners Company, Limited agreed to acquire 50% stake in Shin-Kawasaki Mitsui Building from Nippon Building Fund Incorporation (TSE:8951) for ¥24 billion on October 31, 2022. Consideration will be one time, lump-sum payment at the time of delivery. The transaction is expected to close on January 11, 2023. Use of proceeds will be for Repayment of debt etc.

SMFL MIRAI Partners Company, Limited completed the acquisition of 50% stake in Shin-Kawasaki Mitsui Building from Nippon Building Fund Incorporation (TSE:8951) on January 11, 2023.