18th Sep 2013 08:33
LONDON (Alliance News) - Japan Residential Investment Company Limited said Wednesday that it has agreed to buy a 2,245 square foot residential property in Tokyo for GBP9.3 million.
It hopes to complete the purchase on September 20, which it estimates to have a prospective net yield of 5.1%.
Japan Residential's shares were trading up 0.50 pence at 68.00 pence Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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