Mori Trust REIT Purchases Conrad Tokyo Building

Mori Trust Sogo Reit, Inc.(MTR) has announced that it will acquire Tokyo's Shiodome Building for 110 billion yen from Mori Trust Co. The building has 37 floors, including luxury hotel Conrad Tokyo. MTR also announced that it has decided to borrow 88 billion yen from Mizuho Corporate Bank, SMBC and other banks.