Advance Residence Investment Corporation
Notice of Domestic Real Estate Acquisition ≪Regedia Higashi-Nippori & Regedia Kameido II≫
Acquisition of Regedia Higashi-Nippori and Regedia Kameido II as acquired assets. Total roughly 2,360 million yen; appraisal value slightly over 2,550 million yen; NOI yield about 3.2%–3.9%; age of property about 9 years and 7.5 years. Financing to be arranged from borrowings and cash on hand. Expected minimal impact in the near term, with emphasis on medium- to long-term stable income.
Key Figures
- Acquisition price (Regedia Higashi-Nippori): 1,200 百万円
- Acquisition price (Regedia Kameido II): 1,160 百万円
- Appraisal value (Regedia Higashi-Nippori): 1,240,000 千円
- Appraisal value (Regedia Kameido II): 1,310,000 千円
- NOI yield: 3.9% (both properties)
AI要約
Overview and background of acquisition
Advanced Asset Investment Corporation has decided to acquire Regedia Higashi-Nippori and Regedia Kameido II through its asset management company. Acquisition prices are 1,200 million yen and 1,160 million yen respectively, with appraisal values of 1,240 million yen and 1,310 million yen. NOI yields are 3.9% each, with depreciation-adjusted yields of 3.2% and 3.3%. Ages are approximately 9 years and 7.5 years. Financing will be arranged through borrowings and cash on hand at settlement. ...
Impact and business strategy going forward
The acquired assets are located near the city center, offering high occupancy rates and stable rental income. A master lease arrangement is anticipated, with operating costs including PM and management costs estimated. This acquisition aims for stable income in the medium to long term, with no major changes expected to the operating forecast.
Advanced Asset Investment Corporation
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