MCUBS MidCity Investment Corporation (TSE:3227) executed an agreement to acquire trust beneficiary interest in M-City Akasaka 1-chome building from Godo Kaisha Mac for ¥4.2 billion on January 29, 2018. The consideration will be paid in one installment on completion. In related deals, MCUBS MidCity Investment Corporation agreed to acquire three other properties in Japan. The consideration will be financed from funds raised through issuance of investment units and secondary offering of ¥11.8 billion, new borrowings of ¥11 billion and by cash reserves. The deal is expected to close on March 1, 2018. Japan Real Estate Institute acted as appraiser for the property.