Activia Properties Inc. Received A Partial Cancellation Of A Lease Agreement From Yanmar Global Expert
April 23, 2020 — Activia Properties Inc. announced that it has received a partial cancellation of a lease agreement of a tenant. The tenant is Yanmar Global Expert Co., Ltd., with a current leased area of 7,870.86 square metres in the Umeda Gate Tower.
Activia Properties Inc. (API) said as the scheduled date of the lease cancellation is October 21, 2020, there will be no impact on the API’s management performance for the fiscal period ending May 31, 2020 (the 17th period, from December 1, 2019 to May 31, 2020).
As to the fiscal period ending November 30, 2020 (the 18th period, from June 1, 2020 to November 30, 2020), the impact on API’s management performance is minimal.
Read full statement here.