In a filing on Wednesday, Daiwa House Logistics Trust (DHLT) announced the proposed acquisition of two freehold logistics properties and a freehold land in Japan, for an aggregate purchase consideration of JPY 4,676.0 mil (S$47.7 mil). This is DHLT’s maiden acquisition, and is supported by its Sponsor, Daiwa House Industry Co Ltd. Unitholders approval at EGM will be required for the deal to move forward. Daiwa House Logistics Trust (DHLT) DHLT is an Asia-focused logistics REIT, with a portfolio of logistics and industrial real estate assets, in particular within Japan. The Sponsor, Daiwa House Industry Co., Ltd., is one of the largest construction and real estate development companies in Japan. What is happening? According to Mr Takeshi Fujita, CEO of the REIT Manager, “We are pleased to announce the maiden acquisition of DHLT following the successful listing of the REIT in November 2021. The Proposed Acquisition is expected to improve the returns to Unitholders...