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Market Chatter: Hulic-Led Consortium Buys Part of Tokyo Skyscraper for 230 Billion Yen

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A Japanese consortium comprising Hulic (TYO:3003) purchased part of a skyscraper near Tokyo Station for about 230 billion yen, Nikkei Asia reported Friday.

The acquisition covers offices on the eighth through 32nd floors of the 32-floor Pacific Century Place Marunouchi, the report said.

Hulic is the main investor, while Kenedix, a Sumitomo Mitsui Finance and Leasing affiliate, will manage the property, according to the report.

Hulic did not immediately respond to' request for comment.

Shares of Hulic slipped nearly 1% in recent trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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