Tag: hiroshima
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Nok Air launched direct flights to Hiroshima, Japan
The first phase is charter flights which have begun on 1st and 5th May 2019. This route is one of the many of the Nok Air’s turnaround plan by looking for the potential routes. Now, Nok Air is available and intend to create an impressive experience for the passengers. -
Croesus Retail Trust buys Hiroshima mall for over $40m
It is expected to provide stable income.
According to KGI Fraser, Croesus Retail Trust (CRT) is acquiring Fuji Grand Natalie, a suburban retail property in Hiroshima Prefecture.
It added, “The NPI yield of the acquisition is 6.3 percent using the purchase consideration of JPY3.3b. The total acquisition cost is JPY3.63b (S$44.3m), funded by equity using part of the net proceeds from the private placement raised earlier.”
In its report KGI Fraser cited steady income stream as the property “is master-leased to Fuji Co Ltd/Ehime (8278 JP) till end-March 2024 on a fixed monthly rent basis.”
RHB meanwhile described Fuji Grand Natalie as an income-producing large scale suburban retail mall in Hatsukaichi City with 100 percent level of occupancy.
The acquisition, according to RHB, will be accretive to CRT’s shareholders.
– See more at: https://sbr.com.sg/retail/more-news/croesus-retail-trust-buys-hiroshima-mall-over-40m#sthash.6auQqA0v.dpuf