Accordia Golf Trust Sells Course

News about Accordia Golf Trust

Accordia Golf Trust has agreed to sell its Village Higashi Karuizawa Golf Club, in the Gunma Prefecture, Japan. The 18-hole course, which opened in 1978, will be sold for ¥200,000,000 (or about S$2.4 million), significantly more than the valuation of ¥27,500,000 done on 31 December 2018.