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Parkway Life Reit acquires five Japan properties

Singapore

PARKWAY Life Real Estate Investment Trust (PLife Reit) has acquired four nursing homes and one dementia group nursing home in Japan from Marubeni Corporation, UBI Kabushiki Kaisha and UBI Capital Kabushiki Kaisha for 4.76 billion yen (about S$59.5 million) as part of an asset recycling exercise...

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