Yokohama Reito Sells Four Cold-Storage Hubs, Books ¥5.9bn Gain, Stays on as Tenant
Yokohama Reito is moving four logistics centers into a trust, selling the beneficiary rights to a Bentall GreenOak vehicle for an estimated ¥5.9bn gain, and leasing the buildings straight back to fund new cold-storage capacity near Haneda and along the Ken-O corridor.