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4 months ago
BRIEF-Astro Japan Property to invest 10 bln yen in a shopping mall
March 28, 2017 / 10:47 PM / 4 months ago

BRIEF-Astro Japan Property to invest 10 bln yen in a shopping mall

1 Min Read

March 29 (Reuters) - Astro Japan Property Group Ltd

* Signs contracts for its investment in a large shopping mall for ¥10 billion

* Purchase price plus consumption tax, costs,reserves will be funded with ¥8 billion of debt and ¥3.26 billion equity investment by AJA

* Investment expected to result in annualised pro-forma increases to AJA's earnings and distributable cash of about 5.8 cps and 5.6 cps Source text for Eikon: Further company coverage:

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