Frontier Real Estate Investment Corporation (TSE:8964) agreed to acquire Yaoko Sagamihara Hikarigaoka Store and Yaoko Nishiomiya Store for ¥4.5 billion on March 15, 2024. Yaoko Sagamihara Hikarigaoka Store and Yaoko Nishiomiya Store generated operating income of ¥203.9 million and net income of ¥203 million. The transaction is expected to close on July 1, 2024.