The nursing homes, Will-Mark Kashiihama and Crea Adachi, are owned by Kabushiki Kaisha Strawberry Firm and Kabushiki Kaisha Anthebliss respectively.
The manager of Parkway Life REIT (PLifeREIT) has announced on June 30 that it has entered into a Tokumei Kumiai agreement (or silent partnership agreement) to acquire two nursing homes in Japan for a consideration of 4.1 billion yen ($49.4 million).
The agreement was signed by the REIT’s wholly-owned subsidiary, Parkway Life Japan4, with Kabushiki Kaisha Strawberry Firm and Kabushiki Kaisha Anthebliss.
