J-REIT: Activia Properties’s announcement

December 3, 2018
by Investment in Japan

J-REIT

>Activia Properties’s announcement①

Activia Properties Inc. (“API”) announces that a resolution was passed concerning the issuance of new investment units and secondary offering of investment units at the board of directors meeting held on November 30, 2018.

 

>Activia Properties’s announcement②

Activia Properties Inc. (“API”) announces that TLC REIT Management Inc. (“TRM”), to which API entrusts its asset management operations, has decided to acquire and lease the three properties described in “1. Overview of the Transaction – (1) Overview of the Acquisition” (hereinafter three properties are collectively referred to as the “Anticipated Properties” and the acquisition of the three properties are referred to as the “Acquisition”), and the disposition of one asset described in “1. Overview of the Transaction – (2) Overview of the Disposition” (hereinafter the one asset and disposition of the asset are referred to as the “Asset to be Disposed” and the “Disposition” respectively, and the Acquisition and the Disposition are referred to as the “Transaction”).