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	<title>REITs &#187; Japanese REITS</title>
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	<description>Learn about Malaysia, Singapore and Worldwide Real Estate Investment Trusts (REITs),its purpose as an investment vehicle for using in both personal and corporate finance strategy</description>
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		<title>Itochu Corp To Buy Nippon Residential Investment Corp</title>
		<link>http://reits.a-z-finance.net/itochu-corp-to-buy-nippon-residential-investment-corp/</link>
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		<pubDate>Wed, 26 Aug 2009 09:11:41 +0000</pubDate>
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		<description><![CDATA[Trading firm Itochu Corp plans to buy Nippon Residential Investment Corp and merge it with its own real estate investment trust to make the fourth-largest listed REITItochu plans to combine Nippon Residential with its REIT, Advance Residence Investment Corp, to improve investment efficiency. The deal would be the first merger of REITs in Japan, which [...]]]></description>
			<content:encoded><![CDATA[<p><span style="font-size: 9pt; font-family: Arial" lang="EN">Trading firm Itochu Corp plans to buy Nippon Residential Investment Corp and merge it with its own real estate investment trust to make the fourth-largest listed REIT</span><span style="font-size: 9pt; font-family: Arial" lang="EN">Itochu plans to combine Nippon Residential with its REIT, Advance Residence Investment Corp, to improve investment efficiency. The deal would be the first merger of REITs in <st1:country-region w:st="on"><st1:place w:st="on">Japan</st1:place></st1:country-region>, which would make the combined company the fourth-largest listed REIT, with assets of about 390 billion yen.</span></p>
<p><span style="font-size: 9pt; font-family: Arial" lang="EN">[<o:p></o:p></span><span style="font-size: 9pt; font-family: Arial">Nikkei Daily Business(28/7/2009)]<o:p></o:p></span></p>
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