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3 Nomura Reits to merge to become Japan's biggest

Published Wed, May 27, 2015 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Tokyo

NOMURA Real Estate Master Fund Inc will merge with two other Nomura Reits to create the biggest real estate investment trust in Japan with 900 billion yen (S$9.8 billion) of assets.

The master fund will merge with Nomura Real Estate Office Fund Inc and Nomura Real Estate Residential Fund Inc on Oct 1, the trusts said in a statement on Wednesday.

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