Daiwa Securities Living Investment (TYO:8986) said that it agreed to sell its Profit Link Takenotsuka, a residential property in Adachi-ku, Tokyo, for 730 million yen, according to a Tokyo Stock Exchange filing on Thursday.
The Japan-based real estate investment trust said the expected sale price is above the property's book value and its appraisal, and the transaction is scheduled to close on Sept. 24.
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