Industrial & Infrastructure Fund Investment Corp (TSE:3249), agreed to acquire IIF Fukuoka Higashi Logistics Center from eN Co.,Ltd for ¥1.9 billion on December 24, 2015. The transaction will be financed from funds on hand. The consideration will be settled in lump-sum payment upon handover. The deal is expected to complete by January 18, 2016. Nomura Real Estate Urban Net Co., Ltd. acted as mediator in the transaction. The mediation fees of Nomura Real Estate Urban Net Co., Ltd. is ¥55.86 million. CBRE K.K. acted as appraiser in the transaction.

Industrial & Infrastructure Fund Investment Corp (TSE:3249), completed the acquisition of IIF Fukuoka Higashi Logistics Center from eN Co.,Ltd on January 18, 2016.