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Home / News / Reits

Mapletree North Asia Commercial Trust to acquire 2 office properties in Greater Tokyo for $482.5 mil

REITs

Mapletree North Asia Commercial Trust to acquire 2 office properties in Greater Tokyo for $482.5 mil

Stanislaus Jude Chan Published on Thu, Dec 05, 2019 / 3:17 PM GMT+8

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SINGAPORE (Dec 5): The trustee of Mapletree North Asia Commercial Trust (MNACT) has entered into agreements to acquire an effective interest of 98.47% in two office properties in Japan for a total acquisition cost of $482.5 million, the manager announced after market close on Dec 4.

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