J-REIT Data

8968 Fukuoka REIT Corporation

Fukuoka REIT Corporation : Acquisition of "Granfore Yakuin Minami"

(Oct. 28, 2014)

Fukuoka REIT Corporation (TSE Code: 8968) announces the acquisition of the residential "Granfore Yakuin Minami".

Acquisition      
Property name Granfore Yakuin Minami
Address Chuo-ku, Fukuoka, Fukuoka
Acquisition price 1,100 million JPY
Expected NOI yield Undisclosed
Cap rate 5.2%
Completion December 10, 2007
Acquisition date November 4, 2014
Seller Undisclosed

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ReitInfo.com

Property Acquisition Price Rankings

(Billions of yen)

1 Roppongi Hills Mori Tower 115
2 Tokyo Shiodome Building 110
3 Shiodome Building 107
4 Kitanomaru Square 82
5 Garden City Shinagawa Gotenyama 72
Unit Price Growth Rankings
1 Mitsubishi Estate Logistics +2.62%
2 MCUBS MidCity +2.54%
3 NIPPON REIT +1.92%
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