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Daiwa House Logistics Acquires Japanese Property

in Company news

Daiwa House Logistics Trust is announcing the purchase of a logistics property in the Greater Tokyo area:

On a pro forma basis, the Acquisition is expected to be DPU-accretive by 1.2% for FP2022

Aggregate leverage would increase from 36.2% as at 30 September 2023 to 38.2% (or 40.1%, including the Vietnam Acquisition), on a pro forma basis but remains at a healthy level