(Bloomberg) -- 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.

Starts Proceed, the owner of 76 apartments, will add about 12 properties to its portfolio, said Kazuya Hiraide, president of Starts Asset Management Co., which manages the trust. Half of the funding will be from a public offering, while the other half will be from debt, he said.

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