Japan Excellent, Inc. (TSE:8987) agreed to acquire GRAND FRONT OSAKA (South Building) and GRAND FRONT OSAKA (North Building) from Nippon Steel Kowa Real Estate Co., Ltd. for ¥8.8 million on January 6, 2020. The transaction is to be financed by fund raised from secondary offering as well as cash in hand. Japan Valuers Co., Ltd. acted as appraiser in the transaction. The transaction is expected to complete on February 3, 2020. Japan Excellent, Inc. (TSE:8987) cancelled the acquisition of GRAND FRONT OSAKA (South Building) and GRAND FRONT OSAKA (North Building) from Nippon Steel Kowa Real Estate Co., Ltd. for ¥8.8 million on January 6, 2021.