Deutsche Bank has been appointed as depositary bank for the American Depositary Receipt program of Japan Retail Fund Investment Corporation.
Japan Retail Fund Investment Corporation owns a portfolio of retail properties throughout Japan and is structured as a Japanese Real Estate Investment Trust, commonly referred to as a J-REIT.
Akbar Poonawala, Head of Global Equity Services (GES) at Deutsche Bank:
We understand that this is the first J-REIT ADR program of this kind and we are pleased to offer US investors access to the companys shares via the ADR product.
L.D.