REIT disposes of R&D building at 18% loss
NTT UD REIT Investment Corporation sold its share of the Research & Development building in the Kanagawa Science Park at a 1.143 billion Yen loss on its book value. The trust beneficiary rights to the 12-story building were transferred to a domestic corporation in May for 5.214 billion Yen (approx. US$36 million).Read more