Mitsui Fudosan Accommodations Fund Inc. 3226

Mitsui Fudosan Accommodations Fund (TSE:3226) has agreed to acquire the Park Cube Omori Sanno rental apartment property in Ota ku, Tokyo. The J REIT is funding the deal through new bank borrowings. At a share price of ¥117,500, Mitsui Fudosan Accommodations Fund has seen its short-term share price momentum soften, with the share price down over the year to date, even though the 5-year total shareholder return of 8.01% remains positive. Spot opportunities beyond Mitsui Fudosan Accommodations...