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Ultima United: Completes acquisition of Japanese land | Fintech InShorts: Latest fintech news, analysis by experts

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Ultima United: Completes acquisition of Japanese land

By Steve Sam

September 28, 2021

Ultima United Completes acquisition of Japanese land

Ultima United (UUL) has announced that it has finalised the acquisition of three pieces of land in Hokkaido for its Japanese development
The company has acquired in Niseko, a popular ski resort town, Lot 8 for $9.97M and Lot 9 for $9.47M and Lot 10 for an undisclosed amount
The company announced in December plans to buy and develop three plots of land at TELLUS Villas
UUL stated it has received binding letters of intent from two unrelated parties interested in purchasing the completed villas on lots 8 and 9
Shares in ULL are down 10.7 per cent to 75 cents at 12:30 pm AEST

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