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Daiwa Securities Living REIT Acquires Tokyo Apartment Building for 1.23 Billion Yen

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Daiwa Securities Living Investment (TYO:8986) has agreed to acquire Gran Casa Kasai, a 34-unit residential property in Edogawa-ku, Tokyo, for 1.23 billion yen.

The transaction scheduled for completion on July 1 and will be funded entirely from cash on hand, according to a Tokyo bourse filing on Monday.

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