#RealEstate

Borrowed 2,000 million yen from The Fukuoka Bank, Ltd. on April 9, 2026, and plans to repay the same amount on April 9, 2026. The applicable interest rate is 0.97373%.

Acquisition of 2,500,000 common shares of SPC Securities Co., Ltd. for approximately 5,050 million yen, with plans to make it a wholly owned subsidiary on June 30, 2026.

GA technologies has acquired shares of SPC Securities, executing a strategic M&A valued at 5 billion yen. Targeting ROIC exceeding 20% and investment recovery within five years.

The portfolio occupancy rate as of the end of March 2026 was 96.9% across all properties, a 0.2-point decrease from the previous month. By usage, office occupancy decreased by 0.1 point, while occupancy rates in other metropolitan areas and the four major cities rose.

Japan Real Estate Investment Corporation borrowed 10 billion yen from Development Bank of Japan Inc. at an annual interest rate of 1.369%, with borrowing scheduled on April 8, 2026, to refinance loans maturing in April 2026.

Tender offer period extended until April 16, 2026, totaling 68 business days. Tender offer price remains unchanged at 125,000 yen. Significant dividend decline expected due to tenant relocation at Fukuoka Green Building.

The tender offer period for Sankei Real Estate Investment Corporation has been extended until April 16, 2026. A significant revenue and profit decline as well as a reduction in dividends are expected for the fiscal year ending February 2027 due to tenant relocation in the Fukuoka Green Building.

Tender offer period extended until April 16, 2026, with the tender offer price per investment unit remaining unchanged at 125,000 yen. The dividend for the fiscal period ending February 2026 will be settled with rights confirmed, and payment is scheduled for late May 2026.

Due to delays in renovation work at Fukuoka Green Building, re-tenanting completion and sale will be after the fiscal year ending February 2027, resulting in a significant decrease in distributions for the same period.

The transfer of Aeon Mall Tsurumi Ryokuchi (quasi-co-ownership 25%) was completed on April 1, 2026, at a transfer price of 6,400 million yen, with a scheduled gain on sale of 758 million yen, all of which will be fully returned.

KDX REIT Inc.'s asset management company will establish a Digital Operations Division effective April 1, 2026, aiming to strengthen the management system through data management and the utilization of DX and AI.

Issuance of 116,380 new investment units at an issue price of 117,682 yen per unit, totaling approximately 13.7 billion yen. Secondary offering of 5,820 units via overallotment and a third-party allotment are also planned.