Comforia Residential REIT, Inc (TSE:3282) agreed to acquire Comforia Kinshicho Deux from Tokyu Land Corporation for ¥2.2 billion on January 7, 2019. The consideration will be paid at the time of delivery. In related transactions, Comforia Residential REIT, Inc agreed to acquire Comforia Kameido South, Comforia Shibuya West, Comforia Higashinihonbashi, Comforia Asakusakomagata, Comforia Omorikashima, Comforia Omorimachi, Comforia Kamiikedai and Campus Village Shiinamachi for ¥16.5 billion. The transaction is funded through public offering, borrowings and own funds. As of January 7, 2019, transaction has been approved by the Board of Directors of Comforia Residential REIT, Inc. The transaction is expected to complete on February 1, 2019. Tanizawa Sogo Appraisal Co., Ltd. acted as the appraisal company.