Updated Thursday, December 18, 2014 as of 8:31 PM ET

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Starts Proceed Plans Its Biggest REIT Asset Purchase Since 2008

Kathleen Chu and Katsuyo Kuwako

Starts Proceed Investment Co., a Tokyo-based real estate investment trust, plans to acquire about 10 billion yen ($107 million) of apartments as early as May, the most since 2008.

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