Industrial & Infrastructure Fund Investment Corporation Completes Acquisition Series
July 16, 2020 — Industrial & Infrastructure Fund Investment Corporation (IIF) announced that it has completed the acquisition of one of the five properties that it plans to acquire.
In total, the REIT completed their planned five-property acquisition as announced in November 2019.
The latest property acquired is the IIF Okazaki Manufacturing Center (land with leasehold interest). The asset is a trust beneficiary right and its acquisition proce is 3.93 billion yen.
Other acquisition earlier made by the company include IIF Gifu Kakamigahara Logistics Center, IIF Yokohama Tsuzuki R&D Center, IIF Hiroshima Seifushinto Logistics Center and IIF Atsugi Manufacturing Center (building).
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