You are here

Ascott Reit buys Japan property for 6.3b yen

Yield-accretive acquisition is trust's second property in Fukuoka


ASCOTT Residence Trust (Ascott Reit) has signed a deal to purchase rental housing property Infini Garden in Fukuoka, Japan, for 6.3 billion yen (S$78.4 million).

The 389-unit property was acquired from The Ascott Limited and ArcResidential Japan Investments.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to