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FINWIRES

GLP J-REIT Secures Right of First Refusal on Hayashima Logistics Facility

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GLP J-REIT (TYO:3281) asset manager has obtained preferential negotiation rights for the potential acquisition of Marq Hayashima 4, a logistics property, from a major leasing company through letters of intent submitted on Monday.

The move is part of the REIT's strategy to secure opportunities for high-quality, growth-oriented assets while maintaining capital efficiency, according to a bourse filing on Tuesday.

However, securing this right does not commit GLP J-REIT to completing the purchase, nor does it constitute a formal acquisition decision.

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