IFF Completes One Out Of Three Scheduled Acquisitions
August 13, 2020 — Industrial & Infrastructure Fund Investment Corporation (IIF) announced that IIF completed the acquisition of one of the three properties that it plans to acquire as previously announced in the press release titled “IIF to Acquire and Lease Three Properties in Japan” dated July 27, 2020.
IIF decided to acquire the Anticipated Acquisitions based on its judgment that the characteristics of theproperties are aligned with IIF’s investment strategies, specifically, the acquisition of quality assets that would contribute to increase cash distributions per unit.
In deciding whether to acquire the three properties to be acquired, we evaluated the properties in terms of profitability, long-term usability and versatility.
Read more details here..