Escon Japan REIT Inc. will acquire a hotel specialized in accommodation in Nagoya City for 4,400 million yen and transfer four commercial facilities totaling 2,400 million yen. The transaction aims to diversify the portfolio and strengthen inflation resilience.
Escon Japan REIT Corporation decided to execute a short-term borrowing of 4,600 million yen on February 27, 2026, to be allocated to the acquisition of real estate trust beneficiary rights. Of this amount, 2,300 million yen is scheduled for early repayment upon asset transfer.
Disposal of four leasehold land properties scheduled for transfer (JPY 2.4 billion) and acquisition of two hotels (Nine Hours Woman Shinjuku for JPY 2.7 billion and Compass Hotel Nagoya for JPY 4.4 billion). Asset size expands from JPY 71.5 billion to JPY 76.3 billion, achieving improved profitability.
Announcement that Chuden Real Estate Co., Ltd. no longer qualifies as a specified related corporation as of the fiscal year ending January 2026. Although transaction amounts exceeded the threshold for the past three years until the fiscal year ending July 2025, they fell below the threshold in the fiscal year ending January 2026.
Escon Japan REIT Investment Corporation plans to undertake new long-term borrowings of 7,797 million yen on January 30, 2026, to refinance existing long-term borrowings of 7,797 million yen.