Japan: PLife sells non-core Japanese asset

Parkway Life REIT, which is owned by IHH Healthcare, has sold an industrial property in Japan known as P-Life Matsudo to real estate company Hulic for ¥2.9bn (US$27.6m) as part of a recycling strategy to rebalance its portfolio in the country. The property, PLife REIT’s maiden investment in the country, was originally purchased in May…

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