Industrial & Infrastructure Fund Investment Corp (TSE:3249) signed an agreement to acquire IIF Yokosuka Technology Center and IIF Shonan Technology Center from Komatsu NTC Ltd. for ¥5.2 billion on January 24, 2017. Industrial & Infrastructure Fund Investment Corp will acquire IIF Yokosuka Technology Center for ¥4 billion and IIF Shonan Technology Center for ¥1.2 billion. The price payment date is February 20, 2017. In related transactions, Industrial & Infrastructure Fund Investment Corp will acquire Osaka Konohana Logistics Center (49% co-ownership interest), IIF Fukuoka Hakozaki Logistics Center I (60% co-ownership interest), IIF Fukuoka Hakozaki Logistics Center II (60% co-ownership interest), IIF Itabashi Logistics Center (60% co-ownership interest), IIF Sendai Yamato Logistics Center, IIF Ota Logistics Center, IIF Osaka Suminoe Logistics Center I (75% co-ownership interest), IIF Osaka Suminoe Logistics Center II (75% co-ownership interest), and IIF Morioka Logistics Center II. Industrial & Infrastructure Fund Investment Corp will borrow ¥13 billion long term debt to fund the transaction. The property handover date is February 20, 2017. CBRE Japan K.K. acted as appraiser.