November 29, 2023

Notice Regarding Acquisition of Ownership of Land and Building Containing Setagaya Business Square

  • GMO Internet Group, Inc.

GMO Internet Group, Inc. (the "Company") hereby announces that it has agreed today to acquire trust beneficiary rights (fixed assets) set for Setagaya Business Square ("SBS", the sub-name: GMO Internet TOWER) . Regarding the trust beneficiary rights (fixed assets) set for SBS 35% will be acquired for approximately JPY 15.0 billion from three companies of Tokyu Group: TOKYU CORPORATION, TOKYU BUS CORPORATION and CT Realty Limited. With this acquisition, the Company will hold 90% of the trust beneficiary rights (fixed assets) in SBS.

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