Japan Metropolitan Fund Investment (TYO:8953) plans to acquire the trust beneficiary right in JMF-Residence Osaka Awaji, for 734 million yen.
JMF-Residence Osaka Awaji is a 54-unit apartment building in Osaka, Japan, according to a Wednesday Tokyo Exchange filing.
The property, currently named Luxe Awaji, is scheduled to be acquired on Aug. 31, using cash on hand, it said.