TOKYO: LaSalle REIT Advisors (LRA), to which LaSalle LOGIPORT REIT (LLR) has entrusted the management of its assets, announces that LRA has resolved to acquire and lease five assets against a cumulative purchase consideration of Yen 28.38 billion.

The properties to be acquired include Logiport Kashiwa Shonan for Yen 9.3 billion; LOGIPORT Sayama Hidaka for Yen 6.43 billion; Higashi Ogishima (leasehold land) for Yen 1.189 billion; Logiport Osaka Taisho for Yen 7.14 billion and Suminoe (leasehold land) for Yen 4.33 billion.[the_ad id=”31605″]