Total Estate Co.,Ltd. entered into sale and purchase agreement to acquire INAGEYA Yokohama Nishigaoka from Daiwa House Residential Investment Corporation (TSE:8984) for approximately ¥850 million on January 25, 2013. The transaction is expected to be completed on January 29, 2013. The transaction will have only a minor impact on operating status forecasts for the fiscal period ending in February 28, 2013 and August 31, 2013.


Total Estate Co.,Ltd. completed the acquisition of INAGEYA Yokohama Nishigaoka from Daiwa House Residential Investment Corporation (TSE:8984) on January 29, 2013.