GLP J-REIT (TSE:3281) agreed to acquire GLP Fukuoka Kasuya from SMFL MIRAI Partners Company, Limited for ¥14 billion on May 15, 2023. In related transactions, GLP J-REIT agreed to acquire a 30% stake in GLP ALFALINK Sagamihara 4, 100% stake in each GLP Soja III, and GLP Okinawa Urasoe for a combined consideration of ¥44.23 billion on May 15, 2023. The consideration will be paid by the proceeds from the issuance of new investment units as resolved at the meeting of GLP J-REIT's board of directors held on May 15, 2023, proceeds from borrowing of funds and cash on hand. The transaction is expected to complete on June 1, 2023.

GLP J-REIT (TSE:3281) completed the acquisition of GLP Fukuoka Kasuya from SMFL MIRAI Partners Company, Limited on June 1, 2023.