Mapletree North Asia Commercial Trust to buy two Japan office properties for $483m

Submitted By:  Clarist Zablan Case Study:  No It seeks to diversify away from the damaged Festival Walk in Hong Kong. Mapletree North Asia Commercial Trust (MNACT) has agreed to buy 98.47% interest in two freehold, multi-tenanted office properties in Japan, from its sponsor Mapletree Investments (MIPL), for $482.5m (about JPY37.9b), according to a press release. read more