Ki-Star Real Estate Co.,Ltd (TSE:3465) entered into a basic agreement to acquire 51.6% stake in L Housing, K.K. from Sagano Realestate Co., Ltd. on February 10, 2023. Ki-Star Real Estate Co.,Ltd signed a Share transfer agreement to acquire 51.6% stake in L Housing, K.K. from Sagano Realestate Co., Ltd on March 28, 2023. The transaction is expected to complete on April 7, 2023.