#REIT

Mitsubishi Jisho Logistics REIT Investment Corporation announced the appointment of Kojiro Yoshitsu as Auditor and the resignation of Seijiro Koji on June 1, 2026. Additionally, Shōichi Fujiwara was appointed as an Executive Officer.

Fukuoka Jisho plans to acquire additional investment units of Fukuoka REIT Investment Corporation, up to a maximum of 5 billion yen, to strengthen medium- to long-term sponsorship support. The acquisition period is from May 15, 2026, to May 14, 2027.

The company announced plans to enhance shareholder returns by increasing the ROE target and implementing an interim dividend system, contingent upon approval at the June 2026 general meeting of shareholders, aiming to expand dividend payouts and shareholder returns.

The overall occupancy rate of the portfolio for March 2026 was +0.2pt YoY, ADR increased by +2.3%, and RevPAR was +2.5%, demonstrating a steady trend. Domestic and inbound demand expansion and strong performances at certain properties contributed positively.

Takayuki Kasai has been appointed as Compliance Officer at GLP Japan Advisors, the asset management company of GLP REIT, with Junji Higashino stepping down. The biography of the new appointee has also been disclosed, and notifications based on laws and regulations will be submitted accordingly.

Axial Reit forecasts sales revenue for FY2027 at 102.75%, with existing store sales also showing steady growth. For FY2026, sales revenue exceeded the previous year at 107.91%.

Frontier Real Estate Investment Corporation has decided to borrow 2,000 million yen from Fukuoka Bank on May 11, 2026, with plans to repay the entire amount on the same day. The borrowing interest rate is 0.93936%, unsecured and unguaranteed.

In April 2026, 1,889 units of treasury investment units were acquired through market purchase at an acquisition price of JPY 255,766,100. The cumulative acquisition totals 2,678 units at JPY 364,811,700.

GLP Investment Corporation plans to acquire treasury units worth up to JPY 13,000 million, with an upper limit of 100,000 units, through market purchase from April 14, 2026, to August 20, 2026.

Ichigo Office REIT Investment Corporation announced that Ichigo Jisho Co., Ltd. became a specified related company as of May 1, 2026. There is no impact on operational status forecasts for the fiscal periods ending April and October 2026.

For the fiscal year ending February 2026, operating revenue was 2,882 million yen (YoY +10.3%), operating loss was 3,323 million yen, net loss attributable to owners of parent was 4,009 million yen, and dividend per unit was 0 yen. Significant impairment losses were the primary cause of the substantial net profit decline.

At AEON REIT Investment Corporation’s asset management company, AEON REIT Management Co., Ltd., the appointment of Mr. Muneaki Yamamoto as director is proposed and has been decided in principle for the shareholders' meeting scheduled on May 22, 2026.