Japan Retail Fund Investment Corporation Set To Acquire Machinoma Omori’s Trust Beneficiary Right
Jan. 17, 2020- Japan Retail Fund Investment Corporation (JRF) announced that Mitsubishi Corp. – UBS Realty Inc., JRF’s asset manager, determined to acquire trust beneficiary right in real estate of Machinoma Omori.
JRF is optimizing its asset structure in response to changes in the environment surrounding retail properties including changes in demographics in Japan, expanding inbound tourism, advances in e- commerce, and increasing leisure time. To optimize its asset structure, JRF has divided its portfolio into Core, Secondary core, and Sub assets (Note) and is focusing on the portfolio of Core properties in locations where people gather and that enable JRF to demonstrate its ability to attract people.
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