Nippon Healthcare Investment Corporation (TSE:3308) signed a contract to acquire Sompo no Ie Nishitanabe-ekimae from Kyodo Gas Company for ¥710 million on October 3, 2016. The consideration will be funded from loans and funds on hand. The transaction is expected to be completed on October 6, 2016. As on January 17, 2020 the transaction is expected to close on April 2, 2020.