November 14, 2016 / 6:36 AM / 3 years ago

BRIEF-Activia Properties to issue new units for 30.95 bln yen to fund acquisition and loan repayment

Nov 14 (Reuters) - Activia Properties Inc :

* Says it will issue 61,040 units via public offering and 4,520 units via private placement, aiming to raise 30.95 billion yen in total

* Says the proceeds to be used to fund acquisition and loan repayment

* Says it will buy three properties in Tokyo for 27.88 billion yen in totoal

Source text in Japanese:goo.gl/t8ZRxQ; goo.gl/VjRKAj

Further company coverage: (Beijing Headline News)

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