Sekisui House Reit, Inc. (TSE:3309) agreed to acquire Esty Maison Minamigyotoku from Taisei-Yuraku Real Estate Co.,Ltd. for ¥950 million on May 28, 2024. The parties will enter into a contract on May 31, 2024. The transaction will be financed using own funds of Sekisui House.

After the acquisition, the brand name of the property is scheduled to be changed to Esty Maison. The property has a monthly rent of ¥3.735 million. The transaction is expected to close on May 31, 2024.