An undisclosed buyer agreed to acquire Hashimoto MTR Building from MORI TRUST REIT, Inc. (TSE:8961) for ¥8.5 billion on April 22, 2024. The consideration consists of ¥8.5 billion in cash. As part of the consideration, ¥8.5 billion was paid towards assets.

The anticipated contract date is April 22, 2024. In the event of cancellation, the breaching party shall pay an amount equivalent to 20% of the purchase/sale price as a penalty to the counterparty. The transaction is expected to complete on September 2, 2024.