NTT Urban Development Corporation agreed to acquire Rokubancho Building from NTT UD REIT Investment Corporation (TSE:8956) for ¥10.5 billion on February 24, 2023. In separate transaction NTT UD REIT Investment Corporation (TSE:8956) acquired Urbannet Nakano Building. The proceeds will be used to repay a borrowing while the remainder will be cash reserves.