Mapletree Greater China Commercial Trust to buy 6 Japan office properties
Total gross floor area for these developments stands at 1.65 million sq ft, with total cost of 62.3 billion yen
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Singapore
MAPLETREE Greater China Commercial Trust (MGCCT) Management on Wednesday announced that it has entered into various conditional agreements to acquire a 98.5 per cent stake in a portfolio of six freehold commercial properties in Greater Tokyo, for 60.9 billion yen (S$753 million).
Subject to and upon completion of the proposed acquisition, MGCCT will be renamed Mapletree North Asia Commercial Trust.
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