Sinoken REIT Investment Corporation acquired 4 Apartment Complexes in Tokyo and Kanagawa from Properst Co., Ltd..
July 30, 2020
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Sinoken REIT Investment Corporation acquired 4 Apartment Complexes in Tokyo and Kanagawa from Properst Co., Ltd. (JASDAQ:3236) on July 31, 2020. The properties acquired includes apartment complexes in
Sinoken REIT Investment Corporation completed the acquisition of 4 Apartment Complexes in Tokyo and Kanagawa from Properst Co., Ltd. (JASDAQ:3236) on July 31, 2020.
PROPERST CO., LTD. is primarily engaged in the real estate business. The Company operates through three business segments. The Real Estate Sales segment acquires development land and sells condominiums to end users and investors. This segment also involves in the real estate renew, conversion and leasing of buildings to improve the real estate asset value for sale. The Contracted Real Estate segment is involved in the sales agency business, real estate planning business and other real estate-related consulting business. The Leasing segment is engaged in the real estate leasing business.