Kanden Realty & Development Co.,Ltd. agreed to acquire B-6 Seam Dwell Tsutsui from NIPPON REIT Investment Corporation (TSE:3296) for approximately ¥840 million on December 21, 2023. Seam Dwell Tsutsui has a rental income of ¥46 million. NIPPON REIT will use the proceeds for the acquisition.

The transaction is expected to close on December 27, 2023.